The recently adopted law prohibiting Russian officials from owning foreign assets has come into force. Donald N. Jensen, Resident Fellow at the Center for Transatlantic Relations at the Johns Hopkins School of Advanced International Studies, considers its effectiveness and its political consequences.
A recent study of the Center for Strategic Research showed that there is a high level of anxiety and aggression in Russian society, estimated at 65 percent in Russia and 84 percent in Moscow. The main “objects of aggression” are the United States, state officials, and migrants. IMR Advisor Boris Bruk discusses the reasons for this phenomenon.
In September, the Russian State Duma will review legislation that aims to liberalize liquefied natural gas exports, a move that would end Gazprom's long-standing monopoly in the field. One of the companies that have lobbied for this strategic move is Rosneft, which has been actively expanding into the gas sector. IMR Advisor Olga Khvostunova analyzes the recent shifts in the energy market and their consequences for Gazprom.
Oil prices remain high, but Russia’s budget deficit is growing. In July, the Finance Ministry increased its budget deficit projections for 2014 from 0.4 percent to 0.5 percent. According to representatives from the Economic Development Ministry, GDP growth “looks like zero.” Under these circumstances, two developments in particular stand out: the possible abandoning of a program for boosting the country’s birth rate; and increasing allocations of sovereign funds toward the implementation of megaprojects. Political analyst Tatiana Stanovaya discusses how Putin’s regime can survive the deficit.
The Institute of Modern Russia continues the series of articles about Russian nationalism written by the well-known historian Alexander Yanov. The first two essays, dedicated to Pan-Slavism, told the story of the birth of this ideology in Russia. The new installment of the series explains how a great patriotic hysteria led the country to a bloody war for liberation of the Balkan Slavs.
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