Tag: state capitalism

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 […]