Tag Archives: government

The cost of peace

The war in Ukraine is, arguably, a very costly business for Russia’s leaders. No wonder that the political and business elite seem to be increasingly divided on the issue. However, the situation created by the conflict has benefited Russia’s ruling … Continue reading

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Why sanctions may as well work

Two days ago, Clifford Gaddy and Barry Ickes, two renowned experts on Russia’s economy published a short analysis on the possible effect of European and American sanctions on Russia. The outlook was grim, they concluded: not only were sanctions unlikely … Continue reading

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Go back to Start, do not collect $200bn

Sometimes words can hurt more than actions. Last week, the president of the European Central Bank, Mario Draghi said that capital flight from Russia might be four times as high as reported by Russia’s government. So far, the finance ministry … Continue reading

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A case against Medvedev #2: the Armenian lesson

One of the most publicised reforms carried out during Dmitry Medvedev’s presidency was Russia’s switch to year-round Daylight Saving Time (DST) for economic and health reasons. However, the reform did not quite work out and sparked a lively debate, yet, … Continue reading

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Storm clouds from Crimea

The invasion of Crimea was a reality check for all of us that assumed that Russia had been integrated into a rule-based global system and was working fairly rationally. As I have blogged before, most of us were wrong about … Continue reading

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Bumps ahead

2013 was clearly the year of Vladimir Putin. After an embarrassing 2011 and a whacky 2012, the Russian president solidified his grip on the domestic political realm, tightened the screws so efficiently that by the end of the year he … Continue reading

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A case against Medvedev

It started as yet another bill extending the powers of the Investigative Committee of the Russian Federation. It continued with brilliant back-handers from Vladimir Putin and Dmitry Medvedev. The Prime Minister dryly criticised Putin’s initiative, to which Putin replied with … Continue reading

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