... differs radically from the Soviet society of the 1940s. An all-to-arms model might still be useful for creating a successful equivalent of Henry Ford’s automobile plant, but not of Silicon Valley.
An alternative route would involve profound structural reforms of the Russian economy, accelerated economic diversification, a dramatic increase in investment in human capital, the strengthening of institutions, an overhaul of the state administration system, a technological leap and the development of entrepreneurial and ...
... the European Bank for Reconstruction and Development. Taking out loans at such a speed also enhances the risk of the country’s default.
In 2015, Ukraine will have to pay 11 billion dollars to discharge its debts, including 3 billion dollars to Russia.
Any reforms that the government puts into practice or pushes through are unlikely to win support among the population. Domestic gas prices have nearly tripled, there are fewer hospitals open, and reforms to the pension system against the backdrop of the national ...
... you see what’s called the path of least resistance. This is where they try to enhance their power through means of appeal to nationalism rather than difficult decisions involved, in carving their own power by engaging in second-stage economic reforms. So, to many people, I don’t know what it looks like here in Russia but to many people on the outside Russia looks like it’s stalemated. It looks like it’s stuck in the current situation.
Once again, not only because of Russia’s actions; many of these actions involve United States, Europe and ...
... presidency of Viktor Yanukovich came about under heavy pressure from active civil groups, on the other – it was also a total failure of state governance due to their absolute inability to find balance and make an unhesitating, if belated, step towards reforms.
That said, Ukraine and Russia have many common features in their democratization and liberalization experiences: despite the experimentation with different democratic ideas and methods in the early 1990s’, both nevertheless quickly reverted to centralization (under the ...
