Tag: National Wealth Fund

Russia: The Economy of Carelessness

August 1, 2013

Russia economy is stagnating, but the Russian government is using various statistical tricks to make things look better than they are. In this editorial in Gazeta, written by Alexei Mikhailov, he explains that one of the few pro-active steps Putin is taking, using National Wealth Fund to invest in large projects, has questionable merit. It’s […]

Russia’s Arms Trade: Geopolitics and Economics

July 31, 2013

Among the many debates surrounding the endless bloodshed in Syria, one of the loudest has been over Russia’s defense of its sale of advanced anti-aircraft missiles (S-300) to the Assad regime. Pointing to the fact that the contracts were signed before the conflict, and justifying their fulfillment as legal under international law, the sale has nevertheless […]

Russian Railways Will Borrow NWF Funds For a Long Time

July 29, 2013

Russian Railways is under considerable scrutiny of late. Its President, Vladimir Yakunin, has been accused of fraud by opposition leader Alexei Navalny. In a recent ruling, Russian Railways managers will have to report their income and expenditures to the government, which meets some demands of the opposition, but perhaps only in appearance. Russian Railways is also […]