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corruption has spurred political change in Latin America, it remains the basic
currency of power in many other parts of the world. This is particularly
evident in post-communist regimes like Russia, where private fortunes can be
amassed and confiscated at the whim of a tiny elite. This appropriation of
resources helps shore up the regime, even as it undermines Russia’s long-term
future as a great power.
Western sanctions and falling oil prices have hurt Russia’s economy. But measures taken against Russian oligarchs and their foreign interests by President Vladimir Putin are more for political than economic reasons. Mr Putin is seeking to increase his control over the elite by demanding they repatriate their money or risk being branded unpatriotic and face legal ac...
Professor Stefan Hedlund
Europe has much to share with its wild Russian neighbour. It has more in common than just cultural, religious, literary and artistic heritage. Radical Islam is the main enemy for both powers. Europe can become the main negotiating partner in the ‘border regions’ of Ukraine and Belarus, but first it must calm the current ‘paranoid’ tendencies of Moscow, which has b...
Moves by President Dmitry Medvedev to clean up corrupt practices in Russia may have achieved little so far, but the subject was at least being debated. Prime Minister Vladimir Putin this month has called for anti-corruption measures to be put in place as the public becomes increasingly vocal in their anger over a system where greed and oil money decide everything. ...
Russia, a regime buoyed by oil riches, could well face rumblings of discontent as resources dwindle and austerity measures take hold. Russians have enjoyed a freedom not known for decades. So how will Vladimir Putin, in the role of president, package a 'social contract' which maintains his leaning for authoritarianism with a democracy his people will demand? asks ...