Russian Politics

Tuesday, May 10, 2011

Charles Clover of the Financial Times joins us for a look at Russian politics and the jockeying between President Dmitri Medvedev and Prime Minister Vladimir Putin as the country prepares for its presidential election next year.


Charles Clover
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Comments [2]

Bob from New York

it is not entirely credible to credit the doubling of the Russian economy to the rise in the price of oil alone. Before Putin took over from Yeltsin, all of Russia's profit from the natural resources was ending up in the private banks outside of Russia. Putin repatriated the income from the Russian resources back into Russia which is far more responsible for the country's economic rise than the spike in the price of oil. After all, it would not have mattered how much oil co-s were making if their entire profit were to end up somewhere else. Most Russians know that. They also know that Nigeria-like scenario was shaping up in the beginning and mid 90s: a handful of oligarchs becoming ostentatiously rich while the rest would not see their salary for years. Perhaps ever.

That changed.

May. 10 2011 06:18 PM
Liam from East Elmhurst

Russia loves a strong leader willing to defeat/destroy his/her opponents.

Putin fits this mold very well.
Stalin did.
Ivan the Terrible.
And other monstors.

May. 10 2011 12:01 PM

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