International strategic management Individual assignment - Essay Example

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International strategic management Individual assignment

However, before plunging into the deeper perspective of the said topic, looking into the history of democratic government of Russia as well as its inclusion to the G8, and how G8 was formed, is an important thing to do to further assess the capability of the said country to lead in a prestigious and important group such as the G8.
Also, there are those who doubt the capability of G8 as some have claimed that Russia has still remnants of communists' ideology which is in contrary to the ideals of G8. In this case, there are those who claim that the country's loyalty to G8 is still in question as there are still hanging issues with regards to the country, and therefore the country must first arrange its internal problem before venturing into such issue.
If we are to deal with history, the country has engaged into cold war with the United States and other countries. This was due to the decision of the former Soviet Union to have a socialist/communist government in the aforementioned country. This made USSR engaged in a long-tern economic hiatus on trade, investments and other related endeavors which deprived the country of enjoying several economic benefits and international tie-ups with regards to trade and investments.
However, in 1991, the country has experienced a tremendous change ...Show more

Summary

Since the introduction of Boris Yeltsin of democracy to Russia in the early 90's the country has emerged as one of the fastest growing economy in the world. In a span of 15 years, the country has become one of the economic giants in the world and assumed the presidency of G8 in 2006…
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International strategic management Individual assignment essay example
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