9 Reasons Why Stability in Russia may be Elusive

The Moscow Times publishes an opinion editorial by Anders Åslund, a senior fellow at the Peterson Institute for International Economics in Washington, in which he outlines nine reasons why stability in Russia may be elusive. Among the top five, he lists the possibility that oil prices may finally fall, the fact that the regime is completely dependent on one person, President Vladimir Putin, and the endemic state of corruption in Russia, which, he contends, renders the country inherently unstable. Up until a year ago, revitalising economic and political reforms appeared likely, but that is no longer the case. Under such circumstances, the unpredictable may suddenly happen.

Wednesday, January 23, 2013