Why Did Putin Turn?

President Vladimir Putin’s policy toward his country's "near abroad" and the West has been badly misunderstood. Instead of trying to turn Russian policy into a psychodrama, observers should focus on the effect of the 2007-2008 financial crisis on global politics.

PRINCETON – Russian President Vladimir Putin’s policy toward his country’s “near abroad” and the West has been badly misunderstood. Instead of focusing on broader geopolitical patterns – in particular, the effect of the 2007-2008 financial crisis on global politics – commentators have been turning Kremlin policy into a psychodrama that can be understood only through a deep exploration of the Russian soul. The result has been rampant misconceptions about what drove Putin’s shift from what seemed to be a modernizing, conciliatory, and even pro-Western stance to aggressive revisionism.

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