Dead-End Russia
President Dmitri Medvedev has publicly stated that Russia needs to change course if it does not want to end up as a third-world country. Igor Shuvalov, the first deputy prime minister, recently told investors that although Russia had suffered its worse recession in a decade, it would be transformed into a “new country” by 2020 through innovation and investment in “human capital.” He said the investment climate would be significantly improved within a year through a reduction of red tape and a clean-up of the court system.
The problem is that we’ve heard this before. When Vladimir Putin moved into the Kremlin a decade ago he promised to ensure the rule of law and to tackle corruption.… Seguir leyendo »