Answer:
The specific advantages of Russia as a dominant economic power in
future are as follows:
- Huge Territorial Advantage : Russia has the
biggest territorial land all over the world compare to the other
countries. All of its parts are not densely populated, once Russia
becomes dominant economic power it can utilize its vast land to
further boost ist economy.
- Abundance of oil and Natural Resources :
Russia has an abundant reserves of oil and natural gas, which is
the currency of energy in current world. With the hold of so much
of natural resources and oil Russia can mainatin the price and
mainatin the stability all over the world.
- Advancement in the field of Defence equipments
: Russia is way to ahead compare to others in terms of defence,
arms and ammunitions that it has. It is the biggest exporter of arm
and ammunition all over the world. It will help Russia in maintaing
peace and stability all over the world and boosting its economy as
well. Being one of the most powerful country in the world, it can
mediate bilateral as well as multilateral conflicts very
easily.
- Involvement in Geo Politics : Ruassia has good
relations with Multiple Countries and actively participate in geo
political stability discussion, which is one of the biggest trait
of economic power.
- Foreign Resves: Because of exporting arm and
ammunitions and natural oil and gases Russian foreign reseve will
have surplus of money making it richer and economy to be more
stable and growth oreinted.
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