Putinomics
Russia’s economic growth is still driven by the sound market reforms undertaken in the 1990’s and Putin’s first term, together with high oil and gas prices. But, with Vladimire Putin's regime increasingly resembling a parasitic mafia family, the main question now is how fast economic policy will deteriorate.
WASHINGTON, D.C. -- President Vladimir Putin turned Russia’ parliamentary election into a referendum on himself – and won by a landslide. But, while he refuses to spell out his plans for remaining in power once his second term expires next spring, his economic policy is clear.