Category Archives: corruption

Should You Hire a Corrupt Manager in Russia?

That’s the provocative question raised by Prof. Maxim Mironov of IE Business School in a new paper, which I came across via this post at the Wall Street Journal. In short, Mironov concludes that yes, on occasion, it is worthwhile … Continue reading

Posted in bribery, bribes, bureaucracy, Business, compliance, corruption, officials, rule of law, russia | 1 Comment

War on Corruption – What to Make of the Latest Scandals?

Update: for the Russian speakers, today Kommersant put up an excellent resource on its website, with an infographic on the latest scandals and corruption generally, and links to articles on everything I cover below. Of particular interest – the total financial losses collectively inflicted … Continue reading

Posted in bribery, bribes, bureaucracy, clans, corruption, criminal law, Dmitry Medvedev, mvd, Putin, Rostekhnologii, russia, siloviki, Vladimir Putin, war on corruption | 1 Comment

Russian Business Environment Update – Part I

Economic Fundamentals Economic indicators over the past year were mixed, although a consensus view appears to be forming that they were a net negative and, notably, underscored the long-run structural deficiencies in Russia’s economic development model rather than short-term risks. … Continue reading

Posted in corruption, foreign investment, PM Putin, russia, strategic industries

Jackson-Vanik: Exit, Stage Left

There is a now-infamous study on the subject of “decision fatigue,” which looked at decisions by Israeli judges to grant vs. deny parole. The researchers found a wildly skewed trend in the judge’s decisions, but not by criminal history, ethnicity, … Continue reading

Posted in congress, corruption, foreign investment, jackson-vanik, russia, WTO | 12 Comments

What to Make of Putin’s Anti-Offshore Crusade

Last month, PM Putin addressed the Government Commission on Electricity Generation. At the meeting, Putin launched into a searing critique of Russian companies using offshore “front companies.” Indeed, Putin noted, “Taking the Russian economy and its strategic sectors out of … Continue reading

Posted in Business, Business and Economy, corruption, Dmitry Medvedev, Gazprom, goskorporatsii, legal update, offshore, PM Putin, President Medvedev, Rostekhnologii, russia, state corporations, utilities companies, Vedomosti, Vladimir Putin, war on corruption | 2 Comments