Government Regulation igry18-10-2007 Five risks to the Russian consumer market overheated, overheating, credit market, a weakening current account, lower oil prices and inflation risks - the five major challenges that threaten economic growth in Russia. This paradigm formulated today Deputy Economic Development and Trade Andrei Belousov, known as one of the best Russian analysts. Speaking at the conference "Capital markets: IPO and debt instruments" in Moscow on Thursday, he formulated the five major risks facing the Russian economy over the next three years. Speaking of "overheated" consumer market, Belousov said a dangerous trend, which, in fact, rests the rapid development of retail trade: in recent years, real wage growth exceeds productivity growth in two or more times. According to him, the end of 2010 to happen a convergence of these indicators, but still an increase in wages will exceed the productivity growth of about 1,5.
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