Tag Archives: Alexei Kudrin

Sergei Stepashin, on the Take

The Moscow Times reports:

The Audit Chamber has threatened to sue liberal activist Marina Litvinovich for implicating its head and his family in a report on government corruption.

But Litvinovich stuck to her findings, saying she relied on various media reports that had never been challenged in court — implying that they were true.

Her report, posted Friday on the web site Election2012.ru, is titled “Power of Families. The Government. Part 1.” It targets the families of 18 senior officials, including Audit Chamber head Sergei Stepashin.

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The Putin Economy, on the Verge of Collapse

Anders Aslund, writing in the Moscow Times:

When Russian leaders review the country’s economic development in 2010, they can only be disappointed. There were no great economic disasters, but Russia has clearly underperformed its peers.

Until 2008, the favorite Russian measuring mark was other BRIC countries, but that is no longer so. In 2009, Russia did worse than all other Group of 20 countries with gross domestic product plunging 7.9 percent. This year, growth will be about 4 percent, less than half of India’s and China’s.

Two years ago, Russia’s GDP per capita at current exchange rates was four times as large as China’s, but now it is only twice as large. From Moscow’s horizon, China looks increasingly like a threat rather than a peer.

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