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A View by a Russian Liberal: Uncertainty Grows

Yury Fedorov

The inflow of oil dollars makes it possible to ensure the loyalty of elite groups, alleviate social problems and finance state expenditure irrespective of the effectiveness of the bureaucratic system and all those sectors of the economy that are not related to the production and export of oil, gas, and several other natural resources. Consequently, there are no incentives for developing and introducing promising new high technologies, for modernizing the economy, social and political institutions. Not only the authorities but society as a whole has no interest in establishing democratic procedures. As a result, the technological gap between Russia and the advanced countries will grow wider and may in the next few years become irreversible.”

A View by a Russian Liberal: Uncertainty Grows (full text)


Imprint:

SECURITY INDEX №3 (85), 2008

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