Category Archives: Economic development

Truth or Consequences – IKEA as a Case Study of Russia’s Miserable Investment Climate

Earlier this year I wrote about IKEA’s corruption problems in Russia.  Two senior managers were fired after Swedish media reported that the managers had approved a bribe payment by their general contractor in order to obtain electricity service for a … Continue reading

Posted in bribery, bribes, bureaucracy, Business, Business and Economy, corruption, Economic development, Foreign direct investment, foreign investment, IKEA, officials, russia, Russian economy | 3 Comments

What’s Wrong with Russia – Part I – Infrastructure

[Note: this the first in a series of posts covering what are, in my opinion, the most significant examples of ‘what is wrong with Russia]. I’m not starting with the subject of infrastructure because it is necessarily the most significant … Continue reading

Posted in Business, Business and Economy, corruption, Economic development, economics, Foreign direct investment, foreign investment, Government of Russia, infrastructure, russia, Russian economy | 9 Comments

Behold! The New Russian Smartphone

Medvedev: “I can’t even tell where to press.” Chemezov: “It is still a prototype.” Medvedev: “But this is entirely our product, which will be produced in our factories?” Chemezov: “For now, unfortunately, we will only be able to make it … Continue reading

Posted in Business, Business and Economy, Chemezov, Dmitry Medvedev, Economic development, economics, Foreign direct investment, foreign investment, goskorporatsii, krysha, Medvedev, President Medvedev, Rostekhnologii, russia, Russian economy, siloviki, state corporations | 3 Comments

What’s Wrong with Russia? – Intro

A lot of ink is spilled over this question in Western – especially American and British – media outlets and think tanks.  The meme is so pervasive that it is nearly impossible to discuss Russia without at least one reference … Continue reading

Posted in Business and Economy, Cold War, crisis, democracy, Economic development, economics, elections, foreign investment, media, oil, rankings, reform, rule of law, russia, Russian economy | 3 Comments

Legal Update – Strategic Industries Law Amendments

I wanted to wait to discuss this until the draft law was out, but I am tired of waiting so here goes.  The last time we looked at the strategic industries law in March, I posted draft amendments from the … Continue reading

Posted in Economic development, FAS, Foreign direct investment, foreign investment, Law, legal update, legislation, strategic industries | 1 Comment