c.i.s. at renaissance capital we also have been heiress he is the editor in chief of business new europe as well as come monday he is the chief strategist at oakridge here but first let's have a look at how russia's new president may transform the country's economy. in four years time russia is expected to break into the ranks of the top five economies in the world with annual g.d.p. growth reaching up to seven percent however it's contingent on a thriving and innovative business sector the dimmer putin who is set to return to the post of russia's president this may winning more than sixty three percent of the votes has vowed to make this vision of economic transformation areality the foundations of basic economic policy have their roots in the shop royson will or will try. he says that coincided with the dhimmitude in its first presidential term however moves to stimulate private business and lessen the economy's dependence on commodities especially oil and gas became a challenge to in two thousand and four the current state of russian economy is the same as it used to be one year ago five