Putin has dismantled most of the check and balances in the system. Nobody would invest in that country. Check Bill Browder's story on how they raided the Hermitage fund.
And with this useless war going on they're forced to buy arms from DPRK.
> And a very corrupted government and no rule of law.
Claim without evidence. Let’s throw in a bit of whataboutism- have you seen how improbably good pelosi’s stock market trades are? Almost like she’s insider trading.
> Also declining population and worsening education.
Population seems to be more or less in line with the rest of the world, and likely better once you factor for immigration.
“In 2014 the Pearson/Economist Intelligence Unit rated Russia's education as the 8th-best in Europe and the 13th-best in the world”
“In 2016 the US company Bloomberg rated Russia's higher education as the third-best in the world”
I mean really. I get that we all have biases, but lying about such easily verifiable things is pathetic, even for the average anti-Russian propaganda shill.
Your “ourwordindata” link shows a net improvement between the two data points.
The “demographic crisis” appears to be on par with, if not better than, what the vast majority of Asian and European countries are experiencing.
And are you seriously quoting “perceived corruption”?
That’s a subjective measure. It’s literally in the title.
Could you at least try instead of throwing random links that you probably haven’t even reviewed yourself? Because this is pathetic. I expect more rigorous research and effort from an HN reply.
The data confirms my point of trends worsening in all the charts. Especially from 2015 (uppss... what happened that year? nothing like a small war) onwards. Check the education graph I've linked. You're correct that it rose in the beginning, but it went down from 2015 to 2018 (the last data available).
Personally from hiring people and from my brothers 2 businesses there is a stagnation too. The government talks about "reforming" the universities to break with Bologna system with internationally recognized degrees - this won't help either. Additionally along with the reform and with all the sanctions it'll be harder to go to foreign universities for students.
And don't forget all the "arrests" of prominent scientists:
https://novayagazeta.ru/articles/2020/11/27/88134-berut-lyud...
Population is declining and the war won't help with that either. It doesn't matter than in Japan it's worse, we're talking the number of people in active economic age going down. This is not good in the long term, who would work and pay pensions? Oil is a finite resource.
About the corruption, I can tell you many personal stories (tax authorities & fire department are one of the worst ones and if you try to build something without bribes it's impossible to get the paperwork done ), but this would be hearsay, not data. There are 2 global indices and both suffer from subjectivity. You can check the trends for direct foreign investments and capital outflows from Russia, especially after 2015.
Russian ministers live like billionaires and fly their dogs to Europe in private jets (check the story of Shuvalov's dogs flights). I'm not aware of such gimmicks in the "morally bankrupt" western countries. You're correct that it's subjective, but it's subjectively better in Sweden and Germany than in Russia or Ukraine. If you can't provide a better metric your argument is even more subjective, because it's not aggregated from many people over the years (the trend should be correct even if the values are not).
So please provide links and data, not your "expectations".
And do you live in Russia and have personal experience as I do to have a better subjective perspective?
To highlight, Russia’s future changed dramatically after 2014. You start to see this in ca. 2016 statistics. It’s damning by even the start of the war.
>To highlight, Russia’s future changed dramatically after 2014.
Actually things started going south for the Russian economy in 2010-2014 when both US oil companies and Saudi Arabia started pumping out oil as no tomorrow.
Also declining population and worsening education.
There is a statistically significant correlation between the level of corruption and economic growth:
https://documents.worldbank.org/en/publication/documents-rep...
Putin has dismantled most of the check and balances in the system. Nobody would invest in that country. Check Bill Browder's story on how they raided the Hermitage fund.
And with this useless war going on they're forced to buy arms from DPRK.