Yu. G. Danilov
The article analyzes the state-of-the art of the world diamond business and dramatic changes of the recent years. The Russian diamond industry is also affected by these processes. The country’s economic instability forces the Russian diamond mining and cutting complex to amend its development strategy based on the three-way analysis of the diamond pipeline performance. Forecast estimates of the main sectors of the world diamond business for the period up to 2030 have been refined with due account for the effect of the economic crisis in Russia.