Is Russia's Economic Development Model Sustainable?
Peter Rutland, Professor of Government, Wesleyan University, Connecticut, US
In the past decade, Russia's economic growth has been fuelled by high commodity prices. However, statist tendencies and widespread corruption have hindered much-needed reforms to improve the business environment. Russia's high public spending, volatile oil prices on the international market, and the recent development of shale gas may or may not force the Kremlin to readjust its economic plans.
The speaker will say that Russia's economic position is not as favourable as it was five years ago. He will discuss the development challenges facing the Russian government in the short-medium term.
Attendance is by invitation only.