forum that places russia russia roughly in the middle of one hundred thirty nine countries on the list davus based for a measure of competitiveness in twelve different ways including education labor market efficiency and innovation so it's a lens took first place followed by sweden and singapore. as politicians at least in some countries have given up the pretense of economic recovery president obama this week called for another round of public spending to prevent the slide into depression but the debate is finally balanced with others in europe determined to cut spending and bring down deficits save the data points. there at the bottom wants to keep another one hundred eighty billion dollars into the u.s. economy after a data suggesting the economy from house prices to jobs is shrinking again given his mood is that debating whether more spending will end a decade of contraction in the land of the rising sun the russians to face a choice for the next few years we seem to be spending. we see a combination of private and increased spending that we believe. i believe to be private capital will

economic forum that places russia roughly in the middle of one hundred thirty nine countries on the list davus space for unmeasured competitiveness in twelve different ways among them education labor market efficiency and innovation so it's a learn to first place followed by sweden and singapore. and russians credit rating outlook has been upgraded to positive from stable by fitch ratings the reasons for the boost are accelerating growth of stabilizing banking industry and a flexible exchange rate policy from the central bank which said it may further raise russia's credit rating if the government reduces the country's vulnerability to swings in all classes. politicians are placed in some countries have given up the pretense of economic recovery president barack obama this week called for another round of public spending to prevent a slide into depression but the debate has finally balanced with others in europe determined to cut spending and bring down deficit's they have that are parts. there at the bottom wants to tepee another one hundred eighty billion dollars into the u.s. economy after

level again but some claim that the forum has only the chances to reach the davus forum level russia is the host of the annual. economic forum but so far it hasn't had a sword political equivalent to that so some claim that the u.s. level for him could eventually become the equivalent. and now so many common challenges economic and environmental also political and it's very clear that countries like russia with a long cultural intellectual tradition have a lot to offer in terms of trying to understand the problems and trying to find common solutions i certainly see a lot of potential because i think the case of doubles makes very clear the international economic and financial debate can be extremely influential babble started off as a small initiative and has grown into a global fixture and i think we are sort of has the same potential if the. focus is on the great i think it's important that we move away from just the criticizing each other or lecturing each other or simply talking across purposes and really try and find the common mode and i think debate exchange critical questions