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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
