Changes

'''Putinomics and the middle-income trap'''

'''Putinomics and the middle-income trap'''

Article: [https://daviscenter.fas.harvard.edu/insights/russias-economy-war-ukraine-and-hopes-post-putin-liberalization Russia’s Economy, War in Ukraine, and Hopes for Post-Putin Liberalization], economist [https://en.wikipedia.org/wiki/Sergei_Guriev Sergey Guriyev], video at: [https://www.youtube.com/watch?v=4Lgf0Yp9PfQ&list=PLshhjXvNVYNP1gSQXsVzzK0air6RNBpAK&index=6 Welcome & Keynote, "Past, Present and Future of Putin's Russia (and What Comes Next)"], Sergey Maratovich Guriyev is a Russian economist, who is provost and a professor of economics at the Institut d'études politiques in Paris. From 2016 to 2019, he was the chief economist at the European Bank for Reconstruction and Development.

'''Article:''' [https://daviscenter.fas.harvard.edu/insights/russias-economy-war-ukraine-and-hopes-post-putin-liberalization Russia’s Economy, War in Ukraine, and Hopes for Post-Putin Liberalization], economist [https://en.wikipedia.org/wiki/Sergei_Guriev Sergey Guriyev], video at: [https://www.youtube.com/watch?v=4Lgf0Yp9PfQ&list=PLshhjXvNVYNP1gSQXsVzzK0air6RNBpAK&index=6 Welcome & Keynote, "Past, Present and Future of Putin's Russia (and What Comes Next)"], Sergey Maratovich Guriyev is a Russian economist, who is provost and a professor of economics at the Institut d'études politiques in Paris. From 2016 to 2019, he was the chief economist at the European Bank for Reconstruction and Development.

"Guriev kicked off his keynote address at the Davis Center’s recent 75th anniversary event with a brief economic history of Putin’s Russia, going from growth to “Putinomics” to stagnation:  

"Guriev kicked off his keynote address at the Davis Center’s recent 75th anniversary event with a brief economic history of Putin’s Russia, going from growth to “Putinomics” to stagnation:  

Afterward, Russia’s economy entered an era of stagnation, akin to the 1970s and ’80s, with GDP growth in 2013-2019 averaging less than 1% a year. Unlike South Korea — which once had a growth trajectory similar to Russia’s halcyon years — Moscow failed to dismantle its system of crony capitalism. Today, Seoul presides over a competitive, post-industrial, knowledge-based economy, while Russia got stuck in the so-called middle-income trap, Guriev noted."

Afterward, Russia’s economy entered an era of stagnation, akin to the 1970s and ’80s, with GDP growth in 2013-2019 averaging less than 1% a year. Unlike South Korea — which once had a growth trajectory similar to Russia’s halcyon years — Moscow failed to dismantle its system of crony capitalism. Today, Seoul presides over a competitive, post-industrial, knowledge-based economy, while Russia got stuck in the so-called middle-income trap, Guriev noted."

Alternative view of Putinomics: [https://www.youtube.com/watch?v=G5PC_2X3eks&t=1s Putinomics: Power and Money in Resurgent Russia], Heritage Foundation: "When Vladimir Putin first took power in 1999, he was a little-known figure ruling a country that was reeling from a decade and a half of crisis. In the years since, he has reestablished Russia as a great power. How did he do it? What principles have guided Putin’s economic policies? What patterns can be discerned? In this new analysis of Putin’s Russia, Chris Miller examines its economic policy and the tools Russia’s elite have used to achieve its goals. Miller argues that despite Russia’s corruption, cronyism, and overdependence on oil as an economic driver, Putin’s economic strategy has been surprisingly successful."

'''Alternative view of Putinomics:''' [https://www.youtube.com/watch?v=G5PC_2X3eks&t=1s Putinomics: Power and Money in Resurgent Russia], Heritage Foundation: "When Vladimir Putin first took power in 1999, he was a little-known figure ruling a country that was reeling from a decade and a half of crisis. In the years since, he has reestablished Russia as a great power. How did he do it? What principles have guided Putin’s economic policies? What patterns can be discerned? In this new analysis of Putin’s Russia, Chris Miller examines its economic policy and the tools Russia’s elite have used to achieve its goals. Miller argues that despite Russia’s corruption, cronyism, and overdependence on oil as an economic driver, Putin’s economic strategy has been surprisingly successful."

'''Will Russian assets be seized?'''  

'''Will Russian assets be seized?'''