Tag: stagnation

Lack of Balance between Responsibility and Control Retarding Russia’s Economic Growth, Moscow Scholar Says

October 31, 2014

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 […]

The Death of Pskov Oblast

September 4, 2014

Staunton, September 3 – Pskov Oblast, the region of the Russian Federation along that country’s borders with Estonia and Latvia, seldom attracts much attention from outsiders. It has been in the news lately because of the deaths of servicemen from there in Ukraine. But it merits attention as well because more than any other Russian […]

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 […]