Sunday, May 11, 2008

THE REAL FACE OF PUTINOMICS

Aleh Tsvynski and Sergei Guriev wrote a brief article on Russia's state of the economy and political stability. Here's a slice of the article:

"The other major barrier to growth is corruption. In another World Bank-EBRD survey, 40% of firms in Russia reported making frequent unofficial payments, and roughly the same percentage indicated that corruption is a serious problem in doing business. Unlike in other emerging markets, corruption has not declined with economic growth; it remains as high as in countries with one-quarter the per capita income of Russia."

2 comments:

Adriano said...

Hi,
I have been reading yours articles.
I am the director of on-line newspaper www.libertates.com/en we are creating a new team and giving a new and better face to the project.
We write on international issues in english.
Would you join us?

Rok Spruk said...

Dear Adriano,

Thank your for your kind invitation. Could you please send me the details on my email address which can be found in my profile.

Regards,
Rok