Russia extended its presidential term from four to six years and the parliamentary one from four to five years in 2008, under President Dmitri Medvedev. Thanks to a provision in the Russian Constitution that allows a president to serve more than two terms so long as the third isn't consecutive to the first two, Putin has been eligible to serve a total of 12 years so far and faces the next election only in 2018. That's a problem because two more years with him at the helm are likely to be damaging to Russia's economy. The U.S., however, with its hotly contested elections and the requirement that a president serve only two terms, might actually benefit from less frequent elections, achieving higher voter engagement and giving politicians more time to pursue tasks for which they've spent a lifetime preparing.