The document analyzes Russia using a PESTEL framework, covering its political, economic, social, technological, environmental and legal external factors. It discusses Russia's government system, economy dependent on natural resources, social issues like alcoholism and HIV, strengths in science and space exploration, and high corruption rates.
The document analyzes Russia using a PESTEL framework, covering its political, economic, social, technological, environmental and legal external factors. It discusses Russia's government system, economy dependent on natural resources, social issues like alcoholism and HIV, strengths in science and space exploration, and high corruption rates.
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Pestel Analysis of Russia in a Powerpoint presentation that also can be found on slideshare
The document analyzes Russia using a PESTEL framework, covering its political, economic, social, technological, environmental and legal external factors. It discusses Russia's government system, economy dependent on natural resources, social issues like alcoholism and HIV, strengths in science and space exploration, and high corruption rates.
The document analyzes Russia using a PESTEL framework, covering its political, economic, social, technological, environmental and legal external factors. It discusses Russia's government system, economy dependent on natural resources, social issues like alcoholism and HIV, strengths in science and space exploration, and high corruption rates.
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PESTEL ANALYSIS OF RUSSIA
PRESENTED BY:RAFATH BEGUM
OVERVIEW ABOUT RUSSIA
Capital :Moscow Currency :Ruble Official language :Russian Location :
RAFATH BEGUM ,PM/2014/409
POLITICAL
12th Dec 1993, Russia officially became the
federation of Russia with semi presidential republic.
The current president - Mr. Dmitriy Medvedev
The prime Minister - Mr. Vladimir Putin.
Considers the country, which will take charge
of all the roles of the Soviet Union. Russia is a federation but there is still the involvement between the main government and the region or local government.
RAFATH BEGUM ,PM/2014/409
Open foreign relationship strategy.
Until the year 2009, they have official
relationship with 191 countries and 144 embassies.
It is a good opportunity for the trade and
economic of the country.
Biggest store of nuclear weapon with the military
which includes navy, ground force and air force.
The political side takes the main role in order to
run the business of the whole country. RAFATH BEGUM ,PM/2014/409
ECONOMIC
Russia depends mainly on the natural resources
(oil and gas)
GDP rank -10th
Too dependent on the price of crude oil.
For agriculture 4th largest in the world and a
perfect location between Europe and Asia.
Its economy is not comparable to other countries.
RAFATH BEGUM ,PM/2014/409
STEPS TO OVERCOME PROBLEM
Conventional Budget
RAFATH BEGUM ,PM/2014/409
It got into the post industrial economic
after other so that there is the gap between Russias economic growth compare to other developed countries.
In order to fulfil the space between Russia
and other countries, it need to have a policy that get them out of the Soviet Unions shadow.
RAFATH BEGUM ,PM/2014/409
SOCIAL
From 1993, with the changes in the regime of
politic, the society stepped forward.
In Europe continent, Russia is one of the
countries that being affected strongly by HIV and alcohol poisoning.
Well known with literature, music, ballet
dance, famous artist, composers, sports, and philosopher such as Leo Tolstoy, Tchaikovsky, Pushkin and Lenin.
RAFATH BEGUM ,PM/2014/409
TECHNOLOGY
Rich in science tradition.
Many impressive work of art in different
field MATHEMATICS CHEMISTRY AEROSPACE ENGINEER
TECHNOLOGY DEVELOPMENT
EARTH SCIENCE STRUCTURAL ENGINEER
RAFATH BEGUM ,PM/2014/409
Russia was the 1st country who sent people
in the space.
The president, Mr Medvedev has paid more
attention on the modernization and advance technology such as Rosnano and Nano technology.
Big improvement in living standard, help
the country out of inflation and the increase of unemployed rate.
RAFATH BEGUM ,PM/2014/409
10
LEGAL
According to the transparency international
organization, in 2014 the corruption rate of Russia is staying at the rate of 2.1 which consider as one of the country which have very high corruption rate.
In order to attract more investment, the
government pass the law which make no different between foreign investors and national investor.
There is the need of changes to reduce the
corruption as well as to be more open to investors.