Discover an Authentic Dubai Spa Experience at Reflections Russian Spa

Jan 15, 2026

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Dubai is globally recognized for luxury, innovation, and world-class wellness experiences. When searching for the perfect Dubai spa, visitors and residents alike want more than just relaxationu2014they want quality, authenticity, and lasting results. Reflections Russian Spa offers a unique wellness journey that blends traditional Russian spa rituals with modern comfort in the heart of Dubai.

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Discover an Authentic Dubai Spa Experience at Reflections Russian Spa

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Discover an Authentic Dubai Spa Experience at Reflections Russian Spa Dubai is globally recognized for luxury, innovation, and world-class wellness experiences. When searching for the perfect Dubai spa, visitors and residents alike want more than just relaxation—they want quality, authenticity, and lasting results. Reflections Russian Spa offers a unique wellness journey that blends traditional Russian spa rituals with modern comfort in the heart of Dubai. A Dubai Spa Inspired by Timeless Traditions Reflections Russian Spa stands out among Dubai spas by offering treatments rooted in centuries-old Russian wellness practices. These traditions focus on detoxification, muscle recovery, improved circulation, and mental relaxation—making each visit both restorative and therapeutic. For those seeking a Dubai spa that delivers real wellness benefits, this authentic approach makes all the difference. Signature Treatments That Define the Experience Reflections Russian Spa offers a carefully curated menu of treatments designed to rejuvenate both body and mind, including: ● Traditional Russian Banya: A powerful steam therapy that supports detoxification and relaxation. ● Venik Therapy: A unique Russian technique using warm birch or oak branches to stimulate circulation and relieve tension. ● Cold Plunge Therapy: A refreshing contrast treatment that boosts energy and aids muscle recovery. ● Professional Massage Services: Ideal for relieving stress, fatigue, and muscle stiffness. Each service is delivered by experienced professionals who understand the art of wellness. A Calm Retreat Within Dubai
While Dubai is known for its vibrant energy, Reflections Russian Spa provides a peaceful escape from the city’s fast pace. The serene environment, attention to hygiene, and personalized service allow guests to fully unwind and focus on self-care. Whether you’re a resident or visiting the city, this Dubai spa offers a balanced blend of tranquility and luxury. Why Choose Reflections Russian Spa in Dubai? ● Authentic Russian spa rituals ● Skilled and professional therapists ● Clean, elegant, and relaxing atmosphere ● Ideal for detox, stress relief, and physical recovery It’s a spa experience designed to restore balance and well-being. Final Thoughts If you’re looking for a standout Dubai spa that combines tradition, expertise, and relaxation, Reflections Russian Spa is an excellent choice. With its unique treatments and calming ambiance, it offers a refreshing alternative to conventional spa visits. One visit is enough to understand why so many guests return for more.

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Russian Market of Bedside Monitors in 2012-2014

Most up-to-date research on "Russian Market of Bedside Monitors in 2012-2014" to its huge collection of research reports. The global market of bedside monitors is characterized by steady growth. The compound annual growth rate (CAGR) of the global market of bedside monitors for the 2006-2013 period was 3.1%. The segment continues to grow, although not as quickly as the market of medical devices generally with its CAGR 5.0%. The global market of bedside monitors is expected to keep expanding by approximately 3.9% a year and reach USD 4.1 bln. by 2020. The Russian market of bedside monitors takes 3% of the global market of bedside monitors. In 2011-2013 regional modernization programs for Russia’s public health care system sharply accelerated consumption of bedside monitors in the country, to RUB 5.1 bln. in 2012. The programs’ expiration lead to a collapse of the Russian market in the middle of 2013, 43% down from the previous benchmark.It continued to decline in the 1st half of 2014. In fact, the level of consumption that would normally have been reached in 2012-2015 was achieved in 2011-2012, the year most bedside monitors were obtained on program money. Public procurement dominates the Russian market of bedside monitors. The private sector’s contribution to market value is small. In 2012 it was only 5%. In 2013, with demand from public buyers contracted, private customers made few advances, their share was 7%. In the first half of 2014 it dwindled to 1%. Browse Detail Report With TOC @ http://www.researchmoz.us/russian-market-of-bedside-monitors-in-2012-2014-report.html REPORT SCOPE. The report provides full information about the Russian market of bedside monitors in 2012 – the 1st half of 2014 and general background information on the global market of bedside monitors. It also contains a forecast for the Russian market of bedside monitors till 2018. REPORT INCLUDES THE FOLLOWING PARTS: “ STUDY METHODOLOGY” section includes a list of information sources, which were used while preparing the report. It also explains what kinds of bedside monitors were the subject of the research. “INTRODUCTION” section clarifies the structure of the report. Attention is drawn to the absence of one commonly accepted classification of bedside monitors. MDpro’s own classifications are given. The first part of the report (“RUSSIAN MEDICAL DEVICE MARKET IN 2013-2018”) encompasses the most important characteristics of the Russian medical device market. It contains information about its dynamics and structure, public procurement and import-export operations. The most important Russian medical device market trends and significant factors, determining its current state, are outlined. This part also includes a forecast of the Russian medical device market development until 2018. Based on the analysis of drivers and barriers for the market growth, two possible scenarios of market development are presented. To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=sample&repid=301847 The second part (“THE GLOBAL AND RUSSIAN MARKETS OF BEDSIDE MONITORS IN 2012-1ST HALF OF 2014”) provides information about the dynamics and structure of the global market of bedside monitors. It also includes data on the main market players both worldwide and in Russia. Finally, key characteristics of the Russian market of bedside monitors are outlined. The third part (“SALES OF BEDSIDE MONITORS OF SPECIFIC MANUFACTURERS”) includes a classification of all bedside monitors purchased by Russian public buyers by four parameters: mobility, patient age, type and grade (number of channels). Additionally, this section contains information about best-selling models of bedside monitors and sales figures of leading manufacturers on the Russian market. The fourth part (“IMPORTS AND EXPORTS OF BEDSIDE MONITORS ON THE RUSSIAN MARKET”) encompasses data on import-export operations of bedside monitors. Import information includes annual and quarterly dynamics of imports, the structure of imports by countries of origin and manufacturers. Besides, Top-20 recipients of imported bedside monitors at customs are named. Finally, it includes a list of the largest recipients of bedside monitors by leading manufacturers at customs. Export information contains annual dynamics of bedside monitors exports and a list of the largest Russian exporters. The fifth part (“PUBLIC PROCUREMENT OF BEDSIDE MONITORS”) is dedicated to the results of bedside monitors public procurement analysis. It includes data on the dynamics and structure of public procurement of different types of bedside monitors. The largest purchasers of bedside monitors in monetary and physical terms are presented. A list of public buyers of the highest-priced bedside monitors is provided. It also contains a list of the biggest suppliers of bedside monitors under government contracts in monetary and physical terms. Moreover, this section provides information about Russian regions, which are the leaders in bedside monitors public procurement purchasing. For Market Research Latest Reports Visit @ http://www.researchmoz.us/latest-report.html The sixth part (“PRICING OF BEDSIDE MONITORS”) is a price review of bedside monitors purchased under government contracts. Average prices of different kinds of bedside monitors (incl. federal district breakdown) are shown. Besides, minimum, maximum and weighted average prices of Top-15 bedside monitors purchased under government contracts are provided. The seventh part (“FORECAST FOR THE RUSSIAN MARKET OF BEDSIDE MONITORS TO 2018”) dedicated to an overlook of the future perspectives of the Russian market of bedside monitors. Based on the analysis of drivers and barriers for the market growth, two scenarios of market development are presented. The eighth part (“BUSINESS ENVIRONMENT IN RUSSIA”) provides a practical guide to what is necessary for achieving compliance with Russia’s regulatory requirements. It also describes Russian policies on health care system and medical device market development. Browse All Medical Equipments Market Research Reports & Industry Analysis @ http://www.researchmoz.us/medical-equipments-market-reports-109.html About ResearchMoz ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. For More Information Kindly Contact: Mr. Nachiket Ghumare, Tel: 1-518-621-2074 USA-Canada Toll Free: 866-997-4948 State Tower 90 State Street, Suite 700 Albany, NY 12207 United States Email: sales@researchmoz.us Website @ http://www.researchmoz.us/

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Russian Market of Artificial Lung Ventilation Devices in 2013-2014

ResearchMoz.us includes new market research report " Russian Market of Artificial Lung Ventilation Devices in 2013-2014: Global Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports. The global market of artificial lung ventilation (ALV) devices is characterized by steady incremental growth. The compound annual growth rate (CAGR) of the global ALV devices market for the 2006-2013 period was 4.0%, which is somewhat under than the average figure for the medical device market as a whole, 5.0%. The global ALV devices market is expected to grow by 4.4% a year on average towards USD 1333 mln. in 2020. The Russian market of ALV devices grew quickly in the 2009-2012 period. Regional health care modernization programs of 2011-2013 significantly broadened the field – to RUB 6.8 bln. in 2012. This was 1.7 times the 2011 market size. With the regional programs over by the middle of 2013, demand in 2013-2014 shifted from new devices to expendables and support of existing unit pools. In fact, the level of consumption that would normally have been reached in 2014-2015 was achieved in 2012, the year most ALV units were obtained on program money. As a result, in 2013 the Russian market of new ALV units fell by more than 40% to 2011 levels. It continued to decline in the 1st half of 2014. To Read the Complete Report with Toc Visit: http://www.researchmoz.us/russian-market-of-artificial-lung-ventilation-devices-in-2013-2014-report.html The first part of the report (“RUSSIAN MEDICAL DEVICE MARKET IN 2013-2018”) encompasses the most important characteristics of the Russian medical device market. It contains information about its dynamics and structure, public procurement and import-export operations. The most important Russian medical device market trends and significant factors, determining its current state, are outlined. This part also includes a forecast of the Russian medical device market development until 2018. Based on the analysis of drivers and barriers for the market growth, two possible scenarios of market development are presented. The second part (“THE GLOBAL AND RUSSIAN MARKETS OF ALV DEVICES IN 2011-2014”) provides information about the dynamics and structure of the global respiratory care devices market and ALV devices market as its subsegment. It also includes data on the main market players and the biggest M&A deals between companies operating on the global ALV devices market. Finally, key characteristics of Russian ALV devices market are outlined. The third part (“SALES OF ALV DEVICES BY MANUFACTURER”) includes a list of the world’s largest manufacturers of ALV devices in the following breakdown: “Manufacturer – Trademarks of ALV devices – Images of ALV devices”). MDpro’s classification of ALV devices, presented on the Russian public procurement market, is provided. Additionally, this section contains data on sales of different ALV devices’ manufacturers operating in Russia. Click Here To Download The sample Copy Of This Report: http://www.researchmoz.us/enquiry.php?type=sample&repid=301844 The eighth part (“REFERENCE: ALV DEVICE USAGE AND APPLICATION STATISTICS”) is designed to provide information about essential aspects of ALV devices circulation in Russia: Russian medical devices legislation, fields of application, indications for use, ALV devices equipment hospital standards, etc. The ninth part (“BUSINESS ENVIRONMENT IN RUSSIA”) provides a practical guide to what is necessary for achieving compliance with Russia’s regulatory requirements. It also describes Russian policies on health care system and medical device market development. Browse Report: http://www.researchmoz.us/russian-market-of-artificial-lung-ventilation-devices-in-2013-2014-report.html Table Of Content:- STUDY METHODOLOGY INTRODUCTION 1. Russian Medical Device Market in 2013-2018 2. The global and Russian markets of ALV devices in 2011-2014 3. Sales of ALV devices by manufacturer 3.1 Types of ALV devices 3.2 Classification of ALV devices for analysis 3.3 Best-selling ALV devices models on the Russian market About ResearchMoz ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. For More Information Kindly Contact: Mr. Nachiket Ghumare, Tel: 1-518-621-2074 USA-Canada Toll Free: 866-997-4948 State Tower 90 State Street, Suite 700 Albany, NY 12207 United States Email: sales@researchmoz.us Website @ http://www.researchmoz.us/

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Russian Medical Device Market in 2014

Most up-to-date research on "Russian Medical Device Market in 2014" to its huge collection of research reports. The Russian medical device market demonstrated rapid growth over the period 2006-2012. Consumption increased with state support of health care, in particular under the 2011-2012 regional modernization programs worth RUB 635.7 bln., a large portion of it spent on equipment upgrades. With the programs played out, public health centers could not support the former level of demand. Growth of the market in 2011-2012 gave way to a downward trend in 2013 when the market shrank by 16% from 2012 (in rubles). In 2014 the slide continued, with customers spending 6% less on medical devices overall; taken separately, public buyers spent nearly 10% less. Dollar worth of the market suffered further because of the ruble exchange rate’s collapse in 2014. Thus, in 2013 the market was worth USD 9.0 bln, in 2014 7.0 bln – down by 22%. Browse Detail Report With TOC @ http://www.researchmoz.us/russian-medical-device-market-in-2014-report.html The 2013 decrease was a consequence of the market’s oversaturation in 2011-2012 when regional health care modernization programs were in effect. In 2014 the reasons were different: public funding for health care was cut and some of the money diverted from outfitting to pharmaceuticals and wages. That year a sweeping health care reform was also started, which may eventually bring down the public share of device consumption. In 2013 spending was often redirected from serious acquisitions to maintenance of equipment pools and expendables. This tendency became less pronounced in 2014 as the market stabilized and segments returned to more natural proportions. Despite of modernization programs end, public procurement constitutes the largest share of Russian medical device market: in 2014 72% of all medical devices were purchased under government contracts. Imports continue to dominate the field, 85% of all devices were imported in 2014. At the end of the year the ruble’s fall made Russian devices more competitive; together with the federal government’s effort to replace foreign products with domestic equivalents, this gives reason to expect somewhat more Russian devices on the market in 2015. The bulk of money on the Russian market was spent on the same groups of equipment as in earlier years: in-vitro diagnostic devices (about 19%), devices for diagnostic imaging (12%) and general surgery and endoscopy (11%). To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=sample&repid=301853 REPORT SCOPE. The report provides complete information about the Russian medical device market in 2014 and the following market’s segments: In-vitro diagnostic devices Diagnostic imaging devices General surgery and endoscopic devices Cardiovascular surgery and neurosurgery devices Resuscitation, anesthetic and emergency care devices Devices for rehabilitation and recovery medicine Orthopedic devices Devices for nuclear medicine and radiation therapy Dental devices Ophthalmic devices Functional diagnostic devices Other medical devices It also contains a forecast for the Russian medical device market and its segments till 2018. REPORT INCLUDES THE FOLLOWING PARTS: “STUDY METHODOLOGY” section includes a list of information sources, which were used while preparing the report. It also contains the structure of data, which served as a basis for the report. Additionally, core procedures of data processing and data analysis are described. For Market Research Latest Reports Visit @ http://www.researchmoz.us/latest-report.html “SUMMARY” section is a review of the key findings from the report. The first part of the report (“RUSSIAN MEDICAL DEVICE MARKET IN 2009-2014”) encompasses the most important characteristics of the Russian medical device market: its dynamics and structure, key information about public procurement and imports of medical devices. The most important Russian medical device market trends and significant factors, determining its current state, are outlined. This part also includes a forecast of Russian medical device market development until 2018. Based on the analysis of drivers and barriers for the market growth, two possible scenarios for market development are presented. Moreover, this section contains a forecast of consumption of the following types of medical devices: medical imaging devices, in-vitro diagnostic devices, cardiovascular surgery and neurosurgery devices, general surgery devices. The second part (“PUBLIC PROCUREMENT OF MEDICAL DEVICES IN 2014”) is dedicated to the results of Russian medical devices public procurement analysis. It includes data on monthly dynamics of medical devices public procurement (incl. segments breakdown) and detailed structure of public procurement. The largest purchasers and of all types of medical devices are named. A list of the largest suppliers of medical devices is provided with information about their public purchasers, regions of supply and the structure of supply (by segments). This part also contains a list of top contractors for the supply of different types of medical devices. Finally, this section includes in-depth analysis of medical devices public procurement in each federal district. The third part (“IMPORTS OF MEDICAL DEVICES INTO RUSSIA IN 2014”) encompasses data on the structure and dynamics of medical devices imports into Russia in 2014. Data are provided in breakdown by types of medical devices and manufacturing countries. A list of the largest medical devices importers is included. Moreover, it contains information about the structure of certain types of medical devices’ imports. The fourth part (“EXPORTS OF MEDICAL DEVICES FROM RUSSIA IN 2014”) includes data on the structure and dynamics of medical devices exports from Russia in 2014. It also contains information about the volume of exports and the major exporters of Russian medical devices (incl. segments breakdown). The fifth part (“BUSINESS ENVIRONMENT IN RUSSIA”) provides a practical guide to what is necessary for achieving compliance with Russia’s regulatory requirements. It also describes Russian policies on health care system and medical device market development. About ResearchMoz ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. For More Information Kindly Contact: Mr. Nachiket Ghumare, Tel: 1-518-621-2074 USA-Canada Toll Free: 866-997-4948 State Tower 90 State Street, Suite 700 Albany, NY 12207 United States Email: sales@researchmoz.us Website @ http://www.researchmoz.us/

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Ethnic Bags online shopping in Dubai, UAE

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Are you searching for a natural body spa?

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Best Luxurious Spa Treatments in Orlando

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Russian Brides, Ukrainian Ladies, Sexy Russian Girls, Russian Girls For Me, Ukrainian Singles

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What pricing strategy was followed by Kingfisher to complete in the aviation industry Was it competition or cost-based s

For Assignment Solution Contact Casestudyhelp.in https://www.casestudyhelp.in 9422028822 Managerial Economics Case Study 1: Economic Analysis of Organization ABC Organization ABC was one of the leading organizations in manufacturing soaps. After a certain point of time, the organization found that there was an increase in its cost and reduction in profits. However, the economy of the nation was at boom. Apart from this, the manufacturing industry was also enjoying high profits. Therefore, Chief Executive Officer (CEO) of the organization decided to take suggestions from economists regarding the deteriorating condition of the organization. The economists first analyzed the problem and collected relevant data. They found that the price of the organizationâ€™s product was quite high as compared to the market price. Moreover, substitute products were easily available in the market. Therefore, consumers were not willing to purchase ABCâ€™s product due to the availability of similar products at cheap prices. To overcome the problem, economists suggested the organization to lower down its prices and observe the effect on demand. In addition, economists recommended the organization to organize promotional campaigns. Based on suggestions, the organization reduced the prices by 5% and organized various promotional campaigns, As a result, the demand for the organizationâ€™s product increased by 3%. This helped the organization to come back to its previous position. Questions: Q1. Which economic theory is used to solve the problem in the case study? Q2. Which economics concept is used in this case study? Case Study 2: Kingfisher Airlines Pricing Strategies Kingfisher Airlines (KFA), India-based airline group, is a wholly owned subsidiary of United Breweries (UB) Group. The parent organization is Indiaâ€™s largest producer of beer and established its operations in India in 2005. KFA is positioned as a budget airline rather than a low cost carrier airline. The reason is that the low cost carrier airline is treated as low quality and delayed flight service provider. The passengers of KFA are treated as honored guests and the flight is not referred as a journey but an experience of a lifetime. During the launch, Vijay Mallya, chairman and Chief Executive Officer (CEO) of KFA, said â€œKingfisher Airlines will have a â€˜Fly the Good Timesâ€™ approach and this will reflect in the experience what we will offer to passengers. With costs lower than economy class travel on full service airlines and marginally more than the bus services type low cost competition, Kingfisher Airlines offers a far better value proposition. The aircraft and service will reflect the Kingfisher lifeline imagery and credibility that has been built over the years.â€ KFAâ€™s strategy is to differentiate itself from other airlines by providing value-added air travel services at reasonable fares. KFA offers three kinds of services for different types of customers namely Kingfisher First for business-class customers, Kingfisher Class for upper-class customers, and Kingfisher Red for middle-class and lower-class customers. It provides a fun-filled experience with inâ€“flight entertainment systems and well-designed interiors. KFA provides quality services, screens and headphones, specialized meals and beverages, and free gifts to guests. In the year of its launch, KFA was voted as the best new airline of the year. KFA has an advantage of familiarity of brand with the customers. Thus, it does not conduct marketing and promotional activities. The pricing strategy of the aviation industry is also affected by the environment-related factors, such as crude oil prices, dollar rates, and competition. When KFA was launched, it was called as the budget airline as the ticket prices charged, were lower than its competitors, such as Indian Airlines, Jet, and Sahara. The ticket prices were 25% lower than Jet Airways and around `20% more than Air Deccan. Jet Airways brought down its fares to compete with KFA when it took over Sahara Airlines. These competitive price pressures lead KFA to provide more value-added services, including mobile updates and home delivery of air tickets. According to Mallya, â€œWe are offering our passengersâ€™ more than just value-based fares; we will offer a complete lifestyle experience.â€ In this high competition, KFA has positioned itself as a successful airline in a shorter period of time. The targeted segments of KFA are high and middle income customers. It also targeted the youth and high lifestyle segments. Mostly, the targeted population is modern and trendy that is looking for a great flying experience. It has been termed as a true value carrier and awarded as the prestigious 5- Star Airline Status by Skytrax, which is the worldâ€™s leading independent research and quality evaluation body for airlines. Questions: Q1. What pricing strategy was followed by Kingfisher to complete in the aviation industry? Was it competition or cost-based strategy? Q2. Do you think that pricing acts as a differentiating factor in the aviation industry? Case Study 3: The Business Cycle of ABC Country ABC country was facing a downturn in its economy. All the economic factors, such as production, prices, savings, and investment, of the country started decreasing. In the initial phases of downturn, businessmen were not able to recognize it. They considered it minor fluctuations in the economy, which could be easily handled by market forces. Therefore, they continued to produce goods and services at the same rate as they were doing earlier. As a result, the supply of goods and services exceeded the demand. Gradually, businessmen realized that they had overinvested. This problem of one industry spread in other industries, due to interlink among different industries. At this time, businessmen stopped any type of further investment in consumer and capital goods. Consequently, they started reducing the cost on labor, machinery, furniture and other factors of production. As a result, various economic factors, such as consumption, savings, and employment, started decreasing. In addition, debtors were not able to repay their debts and creditors were not ready to lend more money. Apart from this, individuals and businesses were not ready to invest in stock markets. Many weak organizations left industries or dissolved. At this point of time, the economy had reached its bottom level and from this point, individuals and organizations tried to become optimistic. Therefore, organizations started hiring employees at low wages. Employees accepted the amount of salary provided to them by organizations because they wanted to fulfill their basic needs. In addition, consumers also had an opinion that the price of products and services would not fall now. Therefore, they started increasing their consumption rate. This consumption rate stimulated the demand and consequently the production. As a result, the investment and bank credit also increased. The economy started running back on the growth path. Questions: Q1. What are the phases of business cycle explained in the case study? Q2. What are the main causes of recession in ABC country? Case Study 4: Russian Economy from 1990 to 2007 The Russian Federation (Russia) faced several economic problems when it was formed after the dissolution of Union of Soviet Socialist Republic (USSR) or the Soviet Union. Therefore, Boris Yeltsin the first President of Russia implemented various measures for the economic growth of Russia, such as stabilization policies and economic restructuring. These measures helped the Russian economy to become market-focused economy from a centrally planned economy. These measures are briefly discussed in the present case study. In addition, the case study also analyzes the policy measures presented by Vladimir Putin, Russiaâ€™s second President. It also focuses on the economic conditions of Russia in the Presidency of Boris Yeltsin and Vladimir Putin and the impact of their policies on the economy. Towards the end, the case study highlights the challenges faced by the Russian economy. Several Russian officials and economists have described the economic conditions of Russia in different time period as follows: According to Mark Spelmen, Accenture Energy Analyst, in July 2007, â€œEveryone is focusing on the fact that there are more billionaires in Moscow than there are in London, but what weâ€™re actually also seeing is that the disposable income of skilled people in Russia is going up. You see a lot of infrastructure a lot of housing, shopping malls. The commodity boom is now percolating beyond Moscow.â€ According to prominent Russian intellectuals in the late 1990s, â€œThe catastrophe has run its course. The economic policy of Yeltsinâ€™s and Chernomyrdinâ€™s aides has made a small section of the farmer communist nomenclature and of the â€œnew Russiansâ€ unbelievably rich, plunged most of the nationâ€™s industry into paralysis, and reduced the majority of the population to poverty. As far as property ownership is concerned, the gap between the rich and poor is much deeper now than that which led to the [1917] October [Bolshevik] Revolution.â€ Earlier to 1991, Russia was considered as the biggest republic with the name Russian Soviet Federative Socialist Republic (RSFSR) in Soviet Union. In 1990-1991, the inflation rate in Russia was very high and there was a shortage of supply in every industry. At the time, the GDP of Russia shows a decline of 17% and retail prices reached to 140%. The political conditions of Russia were also not good at this time. As a result, the Soviet Union was dissolved in 1991. After that, Boris Yeltsin was elected as the President of Russia. Boris Yeltsin took several measures to transform the Russian economy in the market-based economy. In 1991, Boris Yeltsin along with his advisors and an economist, Yegor Gaidar implemented certain measures for bringing up the Russian economy form inflation. The measures taken by him were stabilization measures and economic restructuring. The stabilization measures involved decreasing the government budget deficit, increasing government revenues, and controlling the supply of money by subsidizing credit provided to business persons. In addition, he enforced price control policies, made several amendments in tax policies, and increased privatization. In the initial stages, the policies made by Boris Yeltsin were not able to achieve its goals. However, with the introduction of monetary and fiscal policies, the government was able to implement such measures and achieved its goals and objectives. In 1996, Boris Yeltsin was again elected as the President of Russia. After that, Russia faced a situation of decrease in the foreign exchange reserves and the economy started showing another decline. In 1998, Russian economy experienced a financial crisis in which its currency, ruble, showed a decline of 75%. The financial crisis in Russia made people against Boris Yeltsin; as a result, he faced high opposition in the parliament. The State Duma elections of 1999 and Presidential elections of 2000 brought a major change in the Russian politics. Vladimir Putin was elected as the President of Russia on 2000. The Parliament of Russia started supporting policies introduced by Vladimir Pultin, the President of Russia and Mikhail Kasyanov, the Prime Minister of Russia. Both of them look various legislative initiatives and measures to transform the Russian economy in the market-based economy. In 2007, the Gross Domestic Product (GDP) of Russia was above $1 trillion. In the mid of 2000s, the growth of Russian economy was very fast that is mostly contributed by the growth in domestic energy industry of Russia. According to various Russian analysts, the major source of income for the Russian economy was oil exports. Therefore, the Russian economy showed a drastic change with the change in the prices of oil. Therefore, the decline in oil prices was considered as a risk factor for the sustainability of the Russian economy. According to the report of World Bank in 2007, Russia should have taken measures to control inflation as the global economy was going to face an inflationary condition, which might affect the Russian economy. However, Russia was the least affected country in the global economic slowdown of 2007. It is because of the fact that the major contribution in GDP of Russia came from its fossil fuels and natural resources that were hardly affected by recession. In addition, Russian trade with United States, which is the source of financial crisis of 2007, was very limited. Questions: Q1. What are the measures adopted by Boris Yeltsin to overcome inflation? Q2. What are the measures used by a government for controlling inflation? Case Study 5: Competition in Magazine Industry Earlier, there were only few organizations operating in the magazine publication industry. At that time, it became a trend to provide free gifts, audio and video CDs, DVDs, and scented candles, to customers along with magazines. The concept of free gifts was introduced to increase customer base. However, after some time, it became a problem for the entire industry as he cost of production was increasing. In such a situation, some organizations stopped providing free gifts, so that the cost of production could be reduced. Consequently, these organizations lost their customers. This is because at this point, customers preferred free gifts with magazines. On the other hand, some organizations increased the prices of magazines to overcome the cost of production. However, these organizations did not succeed in their strategy, as the customers were not willing to buy magazines at higher prices. Even some of the organizations reduced the prices of magazines to increase the number of customers, generate revenue, and overcome the production cost. As a result, rest of the organizations in the industry also reduced their prices to earn profit and minimize cost of production. This led to heavy losses for organizations that initially reduced the prices. Therefore, organizations were bound to provide magazines at fixed rate along with free gifts. Questions: Q1. What type of market structure is prevailing in the magazine industry? Why? Q2. What are the problems faced by organizations in the magazine industry due to oligopoly? For Assignment Solution Contact Casestudyhelp.in https://www.casestudyhelp.in 9422028822

112 views • 7 slides

Office rent for trade license | New Trade license in Dubai

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Hot Reliable User-Experience-Designer Test Dumps 100% Pass | Latest User-Experience-Designer: Salesforce Certified User

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Discover the Best Russian Spa in Dubai – La Perla Spa_ A Journey of Luxury and Relaxation

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