Post Soviet Russia and the Russian Economy have been considered by many to be a peculiar phenomenon, as the new country has not only been able to survive but it has displayed significant progress in the economic conditions. However, it seems that while the government was making…
Russia is one of the “G8” countries. The G8 group’s interim compliance report,1 at the Sea Island Summit in 2004, mentions Russia’s failures in controlling the levels of corruption while translating its undertakings into action. As on the date of the report, Russia had not ratified the U.N. Convention against corruption2 though action to ratify had been under way. The report says that corruption in Russia has become so pronounced that, the country has gone down to 90th position in Transparency International’s Corruptions Index in 2004. It had been already at the 83rd position in 2003.3 It makes a passing reference to President Putin’s handling of affairs of Russia’s second largest oil company ‘Yukos’ which has since been taken over by the Government.4
Vladmir Popov in his article “Russia Redux’ referred to new Russia as the “Shock therapy era” characterized by huge economic, political and human costs. The article further stated that the country is far better than it was seven years ago but worse than it was twenty years ago alluding to Boris Yelstin’s turbulent years marked by moral bankruptcy. Russia’s GDP, investment and life expectancy figures are yet to reach at 1989 levels. President Putin’s priority has been to regain the lost institutional capacity of the state and stability via re-centralization. Despite best efforts the country has not been able to do much for equitable distribution of wealth. 46.6 percent of wealth is concentred in the hands of 20 per cent of the population. The informal practices which Georgi Derlugian attributes to ‘persistent under-institutionalisation of Russian life’, have been the breeding ground of corruption at all levels in Russia. The absence of institutions has opened up avenues of personalism and nepotism. During the years from 1996 to 2000, Oil Company of Kursk Oblast, pharmacies, public security and cultural affairs were under the control of the then-governor Alexander ...
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“Corruption in Russia Essay Example | Topics and Well Written Essays - 5750 Words - 1”, n.d. https://studentshare.net/miscellaneous/368227-corruption-in-russia.
Agaral (2009) found that countries like Canada, Sweden, China, Japan, India, Qatar, New Zealand and Australia are not being affected by the recession terribly much. But other countries are being slammed. Russia is seeing car sales drop by 50%, except for the Hummer which is having a “banner year” (2009).
On Transparency International’s 2010 Corruption Perceptions Index, Kazakhstan’s score is 2.9; Russia’s score is 2.1 and Ukraine’s score is 2.4. On a scale from 0 to 10, these scores are very low and fall close to the highly corrupt mark. The World Bank reports that corruption is declining in Eastern Europe countries.
The annual growth witnessed in Russia from 2000 to 2008 is no longer the case. However, there is a search on the part of countries for newer alternatives to energy sources. Climate change is one factor. The increase in prices in 2007-2008 is another reason.
Studies contend that the phenomenon of corruption severely inhibits socio-economic growth to have drastic consequences for developing nations through distortion of law and an undermining of institutions that are fundamental to development (Kaufmann & Vicente, 2005; World Bank, 2006a).
The study will be carried out analyzing some recent incidents involving corruption in police forces and soliciting the views of some of the reputed social activists, intellectuals, experts in police forces on their viewpoints about improvement in police forces. This can be done either by interviewing those persons or by using their views expressed in the media/ newspapers.
However, its economic power has not pumped up the muscle of the former Soviet Union. While the land mass of Russia is larger than any nation-almost twice that of the United States-its economy is only the ninth largest in the world (Weidenbaum 2004, p. 681).
It also had Muslims and Jews populations and other groups of dwellers (Beckwith 107). The emperor framed on a policy of Russification that implied tsar advocated adoption of Russian customs and applied Russian language by all residents.
ally, Vikings formed an economic unit and embracing a collective name Rus, which with time adopted the natives’ way of life due to the trade they had with Byzantine Realm. Similar to the Russian chronological origin account, its culture highly esteems family and homeland
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