... investment which previously was not required. As we know, more investment means more cost and greater end-consumer price. For Russia, this is especially a major issue as all the loans for developing new fields and constructing new pipes are done via long-term contracts. This is vital for Gazprom, as the lending banks absolutely adore long-term contracts, especially if they are linked to oil. For instance, the Nord Stream project had a queue of 27 banks. For banks these deals are especially attractive ...
... independent non-partisan think-tank ResPublica Trust where he works on alternative political economies. He is also a frequent contributor to both UK and international press, including International Herald Tribune, The Guardian and The Moscow Times.
*Interviewer: Igor Ossipov / Date: 30/04/2013
Crisis of Capitalism, Identity and Finance
In the last two years Europe has lingered around recession with little light at the end of the tunnel. Is someone, or something, responsible for this crisis?...
Dr. Rico Isaacs is an expert in Central Asian politics and a senior lecturer in International Studies at the Oxford Brookes University. His research concerns the political sociology of Central Asia in particular the interaction between formal and informal politics, institutions and practices and the discursive construction and interpretation of power and authority in the region. Dr Isaacs is the author of Party System Formation in Kazakhstan: Between Formal and Informal Politics (2011, Routledge)...