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Russian Economic Dynamism Undermined by “State Curse”

Posted by Matt in April 9th, 2007 | no comment 
Published in Economy, Russia, , , , , ,

The low quality of the ruling elite thus constitutes the main driver of the “state curse” that condemns the Russian economy to declining growth, which currently camouflages the accumulation of deep structural flaws. According to Illarionov, up to 77% of top positions in the state service are currently occupied by “professionals” with a background in [...]

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