for the major LOL of the day
replace *** with reu ters
nothing sounds more stable and attractive to potential investors than having a dictator who specializes in wealth extraction, 'order' an economy to change.
Laugh of the dayPutin, who has repeatedly spoken out against corruption and red tape
this is the same old story as always, they dont realize that without genuine democracy and rule of law, an economy will never become modern and efficient, it will always need someone to 'order' it to do something. Capitalism is driven by invention and openness, not top-down orders and Putin kleptocracy that is modern Russia.
Somewhere in Moscow (I think) a two days ago or so.
One of the things that commonly happens before nationalization is a claim of "underinvestment" by the government of the day power's that be....best recent example is Argentina in the recent weeks.
You should learn to read what is actually written there, instead of letting your phantasy make up some completely new world.
I find it fascinating, that after so many interference into economies from different states around the world, there are still people who can't believe that economy can be ordered? Really?
It is embarrassing to have such limited knowledge about economics in our days
What is wrong with the article? All he is suggesting is for further emphasys on privatization, as well as higher incomes, economic diversity and increasing Russia's investment climate. Because he said it, it is wrong?
Now look at China. Russia too for that matter.
Anyway IMO Russia is heading towards Rule of Law and 'Democracy' (not that I believe it really exists anywhere, other than maybe a few small European countries) in fits and starts.