Staunton, October 30 – Despite the convergence of the political systems of Russia and China, the Chinese economy is growing rapidly while Russia’s is lagging behind, the result, Andrey Yakovlev says, of Moscow’ failure compared to China to maintain a balance between responsibility and control. Yakovlev, a professor at Moscow’s Higher School of Economics, argues […]
Tag: recession
Russia This Week: ‘If Putin Sends in Troops’ (7-13 July)
Updated Daily. Refugees continue to flee armed conflict in southeastern Ukraine into Russia, but questions remain about how many of them there are, as both official and news reports differ substantially, and international relief organizations and journalists are not let into the border towns under a state of emergency. The retreat of Col. Igor Strelkov […]
Russia is in a Recession, but Russians are Satisfied with Everything
Interfax has published an article suggesting that despite the fact that the Russian economy could be sliding into recession, the Russian people are generally more upbeat about the situation. The cite a study done by the Russian Public Opinion Research Center (VCIOM). However, looking at VCIOM’s latest data from September (see graph below) it is […]
Russian Economic Crisis Requires Political Solutions
The world is still in the process of recovering from the economic crisis of 2008. However, if one looks at various macro indicators, the external factors are creating an economic environment that should have set Russia up for strong growth. However, the Russian economy is actually shrinking, and a growing number of economists believe that […]