The word “modernization” has become ubiquitous in almost all major government policies and initiatives since the 2009 release of Russian president Dmitry Medvedev’s “Go Russia!” policy manifesto, where he called for the modernization of Russia’s economy and society. This has been especially evident in Russian foreign policy, which has been seeking to attract foreign investment in new high tech sectors of the Russian economy in order to further the cause of modernization.

Know the World You Live In – Video Series:

Knight Kiplinger, Editor-in-Chief of Kiplinger.com joins us to explain the strength of the U.S. dollar and the international currency market.