May 7, 2012
Dear Putin, Here's How to Fix Russia
Ruchir Sharma, Financial Times
Our research on the successful economies of the past 30 years shows that high growth is not dependent on whether a political system is democratic or authoritarian. What matters are leaders who understand the art of nurturing growth. The success of your tenure is perhaps best summed up in a single figure: average Russian income has risen from $2,000 to $13,000 in the past decade. However, this figure also sums up your challenges as today you begin your new term as president.
TAGGED: Russia, Vladimir Putin