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L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...

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Russian economy <strong>and</strong> the specifics <strong>of</strong> the current type <strong>of</strong> development<br />

<strong>of</strong> the global economic model make it both easier <strong>and</strong> more<br />

natural for Moscow to explore less competitive international markets,<br />

like <strong>Africa</strong>n ones. On the other h<strong>and</strong>, the West would be less<br />

inclined to wage fierce battles for the peripheral markets than for<br />

European or rapidly growing Asian ones.<br />

Despite all the difficulties major Russian corporations manage to<br />

establish alliances with western capital <strong>and</strong> in some cases Russian<br />

capital enters <strong>Africa</strong>n markets under American or European colors.<br />

Finally, a whole new page <strong>of</strong> interaction between <strong>Africa</strong>n <strong>and</strong><br />

Russian capital may begin after the Republic <strong>of</strong> South <strong>Africa</strong> has<br />

become a member <strong>of</strong> the BRICS club. Joint strategies in mutually<br />

attractive areas are likely to produce breakthrough results in the<br />

sphere <strong>of</strong> technological innovations, including the mining sector.<br />

1 Van Wijnbergen, Sweder. “The ‘Dutch Disease’: A Disease After All?” //The<br />

Economic Journal, 1984 v. 94, No. 373. P. 41.<br />

2 Krugman, Paul. “The Narrow Moving B<strong>and</strong>, the Dutch Disease, <strong>and</strong> the Competitive<br />

Consequences <strong>of</strong> Mrs. Thatcher.” Journal <strong>of</strong> Development Economics,<br />

1987. V. 27. No. 2. P. 50.<br />

3 Gylfason, T., Herbertsson, T.T., Zoega, G. A mixed blessing // Macroeconomics<br />

Dynamics. 1999, 3 June: 212.<br />

4 2008 – Minerals Yearbook. U.S. Department <strong>of</strong> the Interior, U.S. Geological<br />

Survey. Wash. D.C. July 2008. P. 1.2. Further in the footnotes: “2008 – Minerals<br />

Yearbook”.<br />

5 Ibid.<br />

6 Data from “2008 – Minerals Yearbook”. P. 1.3.<br />

7 The Ghanaian Chronicle, Accra 23 September 2010<br />

8 “2007 Minerals Yearbook. Russia Advanced release.” Wash. D.C., 2009.<br />

P. 35.1.<br />

9 ., . <br />

// . ,<br />

., 2008, 6. http://www.vipstd.ru/gim/content/view/793/197/<br />

10 U.S. Geological Survey, Mineral Commodity Summaries, January 2010<br />

11 Data from http://minerals.usgs.gov/minerals/pubs/country/2008/ myb3-sum-<br />

2008-africa.pdf <strong>and</strong> http://mincom.mbendi.com<br />

12 http://mincom.mbendi.com/indy/ming/cppr/as/ru/p0005.htm<br />

13 Ibid.<br />

127

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