Tag: Russian economy

Putin’s Failure to Develop Industry Limiting Russia’s Ability to Rely on Exports of Oil and Gas

June 27, 2014

Staunton, June 26 – Because of Vladimir Putin’s neglect of Russia’s machine tool sector and his failure to develop domestic producers of machinery needed for the operation of the oil and gas sector, Russia may soon lose much of its ability to export petroleum products and thus one of Moscow’s primary sources of income. As […]

Russia Further from Superpower Status than When Putin Came to Power

June 24, 2014

Staunton, June 22 – With the occupation of Crimea and with the encouragement of the Kremlin, many Russians believe they are on their way to becoming a super power once again, but the most thoughtful among them recognize that Russia lacks two if not three of the elements a super power must have. For a […]

Putin Accelerating Russia’s Demise by Allying with China Rather Than with the West, Former Advisor Says

June 9, 2014

Staunton, June 9 – Alfred Kokh, a former Kremlin aide and advisor, says that by choosing to ally with China, Vladimir Putin is bringing closer the day of Russia’s funeral because the country lacks the resources to go its own way and will be forced to play by the rules however onerous of its more […]

Russia’s Collapse is Inevitable

October 23, 2013

A prominent Russian businessman and former State Duma deputy Konstantin Borovoy writes this editorial for Echo Moskvy, a liberal online newspaper. At face value, it is an apocalyptic scare piece, but there is also insight about the geographical integrity of Russia. With the Russian economy sagging, there are now significant structural problems in many of […]

Russia is in a Recession, but Russians are Satisfied with Everything

October 14, 2013

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 […]