Russian economy

Europe

Russia Pivots East As Relations with the West Hit 25-Year Low

Ever since the fall of the Soviet Union in the 1990’s, relations between the West and the Russian Federation, successor to the Soviet state, have improved when compared to their parlous condition during the era known as the Cold War. Recently, however, Russia under Vladimir Putin has shifted its stance in an eastward facing direction, […]

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News

Does Private Property Exist in Russia?

Andrei Zaostrovtsev asks this very pointed question in his article for OpenDemocracy.net, “Privatisation, but No Private Property.” After the fall of the Soviet Union in 1991, many of the state-owned industries were reorganized and sold off to investors by the state, many of these investors becoming very rich off of their purchase of Soviet capital […]

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