Monday, January 24, 2005

Business fears in Russia

Here's more on the same subject, Chubais Blasts State for Climate of Fear: "Unified Energy Systems CEO. Chubais is credible on business issues though he may have been discredited in the minds of some for his economics.

Anatoly Chubais lashed out at Prime Minister Mikhail Fradkov's government last
week for not addressing what he called the worst crisis of confidence for businesses 'in 15 years.'

Aggressive tax probes and a lack of predictability by officials has created 'tensions' that must be alleviated for businesses to continue to develop, Interfax quoted Chubais as saying at the Council on Competitiveness and Entrepreneurship's first meeting of the year."

14 comments:

Anonymous said...

Scott, I hope that you could give me some insight into why Putin's govt is so down on business (Yukos, Japan tobacco, ...). At first, when Putin first began, it seems that he was targeting his 'enemies' - wealthy businessmen who opposed him politically. ------- But now? Has the machine, which he built run riot? Or is it purely for personal financial gain for the bureaucrats? Financial gain for the state? Is it a way to secure Putin's political future? I'm sorry, I just don't get it. It seems to be killing the goose which lays the golden eggs. Thanks, Irene.

Scott W. Clark said...

Irene,
You put your finger on the problem. What the answer is is a bit complicated because it is "answers." The point is that why it is happening is subject to some disagreement by those who have studied it. But I will try and set out what are some of the main contenders in later posts.

Anonymous said...

Mr. Clark, fyi from the Eurasia Daily Monitor "Russian Government in Disarray" by Peter Rutland http://www.jamestown.org/publications_details.php?volume_id=407&issue_id=3210&article_id=2369149

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