As the end of the year approached, Wang Ye grew busy once more.
Although the global economic environment had not been good this year, Russia had not been affected much. Economically, Russia's biggest ties to the outside world were crude oil and natural gas.
And the prices of both had surged once again this year. So not only had the Subprime Mortgage Crisis failed to affect Russia's economic development, it had actually boosted its GDP significantly!
The government's fiscal report had already been released. For the full year, GDP had officially surpassed one trillion US dollars, reaching more than 1.18 trillion US dollars and ranking tenth in the world.
America remained firmly in first place. Even under the impact of the economic crisis, its GDP still stood at a staggering fourteen trillion US dollars—ten times Russia's size...
Japan was second, though it lagged far behind America at only five trillion US dollars.
Germany was third, at just over three trillion, while China was fourth, also at just over three trillion...
Russia had entered the trillion-dollar club for the first time. Compared with last year's GDP, its growth rate in 2007 had reached an astonishing 23%!
Among the world's top ten economies, its growth rate ranked first!
After several consecutive years of rapid economic growth, especially over the past three years, when annual GDP growth had exceeded 20%, quite a few financial media outlets had begun calling it the "Russian Miracle"...
Of course, it was also a fortunate convergence of circumstances. On one hand, it naturally could not be separated from Wang Ye's control and guidance over economic policy. On the other, it also owed much to the relentless surge in oil prices over the past few years...
Russia was one of the world's major oil-producing countries. Over the past few