I want Russia to be a boring country – at least for the next few decades. In the twentieth century, Russia set an unquestionable record for all sorts of upheavals and social experiments that attracted the world’s attention. A time-out is essential.
This objective seemed to be entirely within reach – or at least possible – until the first half of 2003. Foreign correspondents accredited in Moscow complained that nothing was happening in Putin’s Russia. Investment in the Russian economy was growing fast. Unfortunately, Russia’s rulers are not accustomed to leaving the country and the rest of the world for long without something surprising to gawk at.
Instilling a feeling of insecurity is the best way to scare your population into submission and frighten away potential investors. How democratic or undemocratic a regime is usually doesn't bother investors. All they need and care about is stable, predictable rules.
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Following the latest G20 summit, the G7 should be thinking seriously about deepening its own ties with more non-aligned countries. If the Ukraine war drags on, and if China continues to threaten to take Taiwan by force, the G20 will be split between friends of the BRICS and friends of the G7.
sees the grouping as increasingly divided between friends of the G7 and friends of China and Russia.
To prevent catastrophic climate change and accelerate the global transition to a net-zero economy, policymakers and asset owners urgently need to rethink how we channel capital at scale. The key is to develop new financial instruments that are profitable, liquid, and easily accessible to savers and investors globally.
explain what it will take to channel private capital and savings toward sustainable development.
I want Russia to be a boring country – at least for the next few decades. In the twentieth century, Russia set an unquestionable record for all sorts of upheavals and social experiments that attracted the world’s attention. A time-out is essential.
This objective seemed to be entirely within reach – or at least possible – until the first half of 2003. Foreign correspondents accredited in Moscow complained that nothing was happening in Putin’s Russia. Investment in the Russian economy was growing fast. Unfortunately, Russia’s rulers are not accustomed to leaving the country and the rest of the world for long without something surprising to gawk at.
Instilling a feeling of insecurity is the best way to scare your population into submission and frighten away potential investors. How democratic or undemocratic a regime is usually doesn't bother investors. All they need and care about is stable, predictable rules.
To continue reading, register now.
Subscribe now for unlimited access to everything PS has to offer.
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