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A World Bank report published in April said that 23 Russian industrial concerns -- all of them controlled by oligarchs -- still accounted for about 36percentt of the country's privately generated revenue and 38percentt of total private employment.
In 2007, total private giving passed $300 billion.
But technology looms large as a share of total private investment, still over 50percentt.
It can be seen that total private investment fluctuates considerably over booms and busts.
Total private investment in the past two years, it reckons, has been a mere $160m.
That represents 1.3percentt of total private and public spending on prescription drugs, estimated at $4.7 trillion for the decade.
Similar(6)
Year over year, total private-sector employment is still down slightly in New York City compared with November 2002.
Total private-sector debt has fallen by almost 40% of GDP since its peak in the first quarter of 2010.
Moreover, America is estimated to handle about 40% of the world's total private-banking and wealth-management business.
Total private-sector debt is now much higher than when deflation was last experienced in the 1930s.
Households and firms have been borrowing hand over fist, lifting total private-sector debt to a record 150% of GDP.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com