Is Russia a newly industrialized country?

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India’s hopes of being on friendly terms with Trump 2.0 were dashed when the U.S. slapped 50% tariffs on the country. To soften the blow, the Indian government announced sweeping reductions in the goods and services tax in September to boost consumption by making a range of items, including cars, cheaper. But a weaker rupee and a 3% decline in the benchmark Sensex since we last measured fortunes resulted in a 9% erosion in combined wealth to $1 trillion. :coffee:

RANK NAME NET WORTH INDUSTRY
1 Mukesh Ambani $105 B Diversified

2 Gautam Adani & family $92 B Diversified

3 Savitri Jindal & family $40.2 B Metals & Mining

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China’s stock markets have been on a roll, fueled by the AI boom and hopes of more stimulus measures by the government to combat a sluggish economy and the fallout of a trade war with the U.S. The benchmark CSI 300 index climbed 15% since we last measured fortunes, boosting the collective wealth of China’s 100 richest to $1.35 trillion from $1.03 trillion last year. 🍵

 
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Is Russia a newly industrialized country?
Short answer: No—Russia is generally classified as an upper-middle to high-income transitional economy with characteristics distinct from the conventional "newly industrialized country" (NIC) category used for late-20th-century industrializers.

Why Russia doesn’t fit the classic NIC label
  • Historical trajectory: Russia industrialized early (late 19th–early 20th centuries) and underwent rapid Soviet-era heavy industrialization, so it is not a late comer like the East Asian NICs :) (South Korea, Taiwan, Singapore, Hong Kong). 👍
  • Economic structure: A large share of GDP and exports remains linked to oil, gas and other commodities. While manufacturing and services exist, the economy’s performance is sensitive to commodity cycles and sanctions.
  • Institutional and governance factors: Weak rule of law, state-led corporate conglomerates, and high political centralization differentiate Russia from the market-driven NIC model.
  • Productivity and diversification: Productivity outside resource sectors lags advanced economies; industrial diversification and high-tech export penetration are limited relative to classic NICs at comparable stages.
  • Income and classification by international agencies: World Bank classifies Russia as upper-middle-income (until its status changed after 2022 sanctions effects and updated data). It is not part of the typical NIC list used in development literature.

Areas where Russia shows NIC-like features :)
  • Industrial capacity: Strong heavy industry base, significant metallurgical, defense, aerospace and machinery sectors. 👍
  • Urbanization and human capital: High urbanization, broad tertiary education coverage and substantial scientific/engineering talent. 👍
  • Regional manufacturing clusters: Pockets of competitive manufacturing and technological capacity (e.g., aviation, arms, nuclear technology, certain high-tech niches). 👍

Practical classification perspective
  • Transitional/post-industrializing economy: More accurate framing is “transition economy” moving from centrally planned to market forms, with a resource-dependent, state-influenced model—distinct from export-driven, labour-intensive NICs.
  • Heterogeneous: Some sectors resemble advanced industrial economies (defense, space, certain high-tech), others resemble commodity exporters or developing manufacturing regions.

Conclusion
Russia is not a "newly industrialized country" in the canonical sense used for late-developing, export-led industrializers. 👎
It is better described as a large, upper-middle–income, resource-dependent transitional economy with advanced pockets of industry and persistent structural and institutional constraints that set it apart from classic NICs. 👍

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Is Russia a newly industrialized country?


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:coffee:

@Persian Gulf
@Fatman17
@muhammed45
@MH.Yang
@Yommie
@Hamartia Antidote
@Viet
@Guru Dutt
 
Ofcourse how can you call a country that was a super power just three decades ago a newly industrialized.
 
Ofcourse how can you call a country that was a super power just three decades ago a newly industrialized. :coffee:

@Hamartia Antidote
@Viet
@Fatman17

there was always a heavy price of Veto Power-NPT used by Moscow for Nuclear India, and the same by Beijing used Veto for nuclear Pakistan, as discussed in this thread..... :coffee:

Mr Putin's mother was found among the dead bodies, alive, and then the Putin was born after these many WW2 incidents, post#32, ☕

"the newly" industrialized nations, among them the progress story of India as a non-NPT signatory country? it all consumed a power balance - the "Multi Polar World" policy of Moscow, backed by the Beijing also :)

I discussed in Gulf/Arab league threads/sections, its next to impossible for any of you in Arabia to come out of NATO :). and a 'certain' price is paid by "Red Flag" groups for a "Multi Polar World", the Mig29s countries 👍

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TOPSHOT-RUSSIA-HISTORY-WWII-ANNIVERSARY-PARADE​

TOPSHOT - Russian honour guard soldiers carrying the Russian national flag and a red flag, replica of the Victory banner, march on Red Square during the Victory Day military parade in Moscow on May 9, 2024. Russia celebrates the 79th anniversary of the victory over Nazi Germany in World War II. (Photo by NATALIA KOLESNIKOVA / AFP) (Photo by NATALIA KOLESNIKOVA/AFP via Getty Images)
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Russia's 'Young Pioneers' Hold Sign-Up Campaign In Red Square

MOSCOW, RUSSIA - MAY 18: (RUSSIA OUT) Volunteers in military unoform hold a giant Soviet-style red flag druing a ceremony for newcomers of the Young Pioneer Organization at Red Square, May 18, 2025 in Moscow, Russia. The Soviet-era 'Young Pioneers" are marking the day of the Soviet Young Pioneer Organization, with a sing-up campaign, hosted by the Russian Communist Party. The organization was founded in 1922 to instill communist value in children. (Photo by Contributor/Getty Images)

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Over the years, Russia’s veto power has thwarted many UN Security Council resolutions targeting India on issues such as Goa and Kashmir

India’s abstention in the UN Security Council vote on a resolution condemning Russia for its attack on Ukraine may have come in for criticism, but is consistent with New Delhi’s steadfast support for its long-standing ally.

After all, Russia, and the erstwhile USSR, have always looked out for Indian interests in the UN Security Council, vetoing resolutions unfavourable to India starting from 1957. In all, there have been six instances when the Soviet Union blocked resolutions against India.

timesofindia.indiatimes.com

Six times Soviet Union used veto to rescue India at the UN | India News - The Times of India

India News: Over the years, Russia’s veto power has thwarted many UN Security Council resolutions targeting India on issues such as Goa and Kashmir
timesofindia.indiatimes.com
timesofindia.indiatimes.com

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The Soviet Union used its veto power six times to protect India at the UN Security Council, primarily to block resolutions concerning Kashmir and once to block a resolution related to the Goa liberation. These vetoes occurred between 1957 and 1971, during the Cold War, and are a key part of the history of the close relationship between India and the former USSR/Russia.
  • Goa (1961): The USSR vetoed a UN Security Council resolution that would have condemned India's military action to liberate Goa from Portuguese rule.
  • Kashmir:The Soviet Union used its veto power three times in the UN Security Council to block resolutions regarding Kashmir:
    • In 1957
    • In 1962
    • In 1971, when it vetoed a U.S. resolution calling for a ceasefire and troop pull-back during the Indo-Pakistani war.
  • 1971 Indo-Pakistan War: The Soviet Union used its veto power three times in nine days during the war to block resolutions that would have called for a ceasefire and troop withdrawal.
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Over the years, Russia’s veto power has thwarted many UN Security Council resolutions targeting India on issues such as Goa and Kashmir

India’s abstention in the UN Security Council vote on a resolution condemning Russia for its attack on Ukraine may have come in for criticism, but is consistent with New Delhi’s steadfast support for its long-standing ally.

After all, Russia, and the erstwhile USSR, have always looked out for Indian interests in the UN Security Council, vetoing resolutions unfavourable to India starting from 1957. In all, there have been six instances when the Soviet Union blocked resolutions against India.

timesofindia.indiatimes.com

Six times Soviet Union used veto to rescue India at the UN | India News - The Times of India

India News: Over the years, Russia’s veto power has thwarted many UN Security Council resolutions targeting India on issues such as Goa and Kashmir
timesofindia.indiatimes.com
timesofindia.indiatimes.com

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The Soviet Union used its veto power six times to protect India at the UN Security Council, primarily to block resolutions concerning Kashmir and once to block a resolution related to the Goa liberation. These vetoes occurred between 1957 and 1971, during the Cold War, and are a key part of the history of the close relationship between India and the former USSR/Russia.
  • Goa (1961): The USSR vetoed a UN Security Council resolution that would have condemned India's military action to liberate Goa from Portuguese rule.
  • Kashmir:The Soviet Union used its veto power three times in the UN Security Council to block resolutions regarding Kashmir:
    • In 1957
    • In 1962
    • In 1971, when it vetoed a U.S. resolution calling for a ceasefire and troop pull-back during the Indo-Pakistani war.
  • 1971 Indo-Pakistan War: The Soviet Union used its veto power three times in nine days during the war to block resolutions that would have called for a ceasefire and troop withdrawal.
Google Search
Glories of the past. Today,s Russia doesn't have that kind of economic , diplomatic and military muscle. Though yes still a big power and important player.
 
I think people underestimate just how rich Russia is

It's natural resources of energy oil and gas are 75 trillion dollars double or Triple china and USA .. combined

It's the largest nation by size it's all of Europe and Asia combined

It's population is large but small compared to china India so very rich per capita income

Russia is cleaner better kept than western cities

Stunning green geography

Russian women are the most beautiful on the planet

Finally they have beaten to a pulp two of the most powerful dictators the world has even seen using same tactics two hundred years apart
Naploean Bonaparte and Adolph Hitler vast military machines both froze in russian hinterland

Russians can fight and do tactics well
 
I think people underestimate just how rich Russia is

It's natural resources of energy oil and gas are 75 trillion dollars double or Triple china and USA .. combined

It's the largest nation by size it's all of Europe and Asia combined

It's population is large but small compared to china India so very rich per capita income

Russia is cleaner better kept than western cities

Stunning green geography

Russian women are the most beautiful on the planet

Finally they have beaten to a pulp two of the most powerful dictators the world has even seen using same tactics two hundred years apart
Naploean Bonaparte and Adolph Hitler vast military machines both froze in russian hinterland

Russians can fight and do tactics well
Yes Putin has $75 trillion in natural resources but what he does with that mountain of money?

Instead of making lives better he creates fear, he starts war, he spews cheap propaganda. He can draw in Ukraine, the Baltics, Kazakhs into Russia. But he rather kills his own Slavic brothers. Russia economy is about the size of Spain. Putin makes Russia from a cheap gas station into a cheaper gas station. Russia population will shrink to the fraction of Bangladesh. Well done.
Gone USSR.

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Glories of the past. Today,s Russia doesn't have that kind of economic , diplomatic and military muscle. Though yes still a big power and important player.
@Viet
@harpy1

as discussed in post#34, if the India sit with Moscow, it always has 'Veto' in UN. a 'Fit' progress without signing NPT.

similarly, the China could use Veto for a nuclear Pakistan, but the same couldn't be possible for a Nuclear Iran...... and a 'price' was paid by Pakistan in this regard, for maintaining the 'Veto' of China.
while the India enjoyed progress, bit lesser than China, but the Mig29s countries could help India progress....
a price was paid by Pakistan for its Nuclear arsenal, it wasn't allowed as growth as other Asian tigers, bit poverty but a powerful Pakistan, the nuclear Islam :)

we discussed once, a 'civilized' Gulf, made by Christian institution, can't even sell their arms without permission of US's Law Makers, while giving example of Turkey :coffee:.
we have frequent news that the Arab world is made 'civilized' similar to Christian institutions when the US's Foreign Secretory visit these places, while giving example of Mrs H Clinton. things are so serious that, "we have talked to Western Diplomats about you people, and you people are no more than that, we have nothing for Gulf region....." :)
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Russia is arguably most powerful country in the world based on combination
Geography land mass
Natural resources to remain financial powerful for two hundred years at least
Military power
Big population
Military tactics history

Only two countries challenge it
USA
China

No one else
 
Russia is arguably most powerful country in the world based on combination
Geography land mass
Natural resources to remain financial powerful for two hundred years at least
Military power
Big population
Military tactics history

Only two countries challenge it
USA
China

No one else

@Guru Dutt
we find our newly inducted AC's Prototype/Model "the Gorskov" was built in 70s by Moscow, following their old ship industries. while the Newly Industrialized like Japan/Korea started building "Sony products" since 60s-70s, with their partnership with Western 'competency'/by their quality institutions (n)

the Prototype of Mig29s were built in 60s-70s, following old Mig21s/Mig27s..........

the NICs like Japan-Korea were known for very poor products during 60s. even the Western Industrialization, the "Modern Industries", started since mid 1900/1850+, and why the West/US were so poor since time of Mr Jesus Christ since 1st century, as compared to India and China, both? why the Christian lessons/peons/literatures were too poor, the reasons behind the so poverty of the West/US for around 1800years+? :coffee:

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Yes Putin has $75 trillion in natural resources but what he does with that mountain of money?

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but he has wasted too much money on non-Winnable war against Ukraine. :coffee:

we heard the Russia had reached to use even Nuclear on Ukraine, and they reached this state even by late 2022 (n)

we were even shown Mr Putin showing a briefcase, proposing N-Attack on Ukraine in television :)

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Newly industrialized country​

The term newly industrialized country (NIC) is a socioeconomic classification used by political scientists and economists to talk about several countries around the world.

NICs are countries who still are not developed countries but are doing better than other developing countries. 👍 NICs have fast growing economies, and export a lot. In NICs many things in the country change quickly as people from the country move to the cities to take jobs in factories.

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Newly industrialized countries as of 2010.

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You mean India is industrial country what kind of crap is s that
 
You mean India is industrial country what kind of crap is s that
@Oscar
@Bengal71
@Viet
@Hamartia Antidote

good day gentlemen

Indian Industries are built on the basis of Hindi/Hindus different languages, the poems/literatures/religious 'tale'........
its similar to Chinese language/Russian languages based home industries, and to learn them, we need to at least start from 'enjoying' their poems/literatures of Chinese/Russian languages :coffee:

@Indos
for example, we find the Steel industries of Indonesia outperform all the ASEAN countries, it well exceed bluffs of publicity of South Africa's and Brazil's Steel Industries, get to know :)
while the India well exceed the Indonesia in these industries but lose to China 👍

just to inform, the Steel Industry of India is more than a par to Russia now, but we both lose to China.......

the list as below does means for it, :)

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