Culture and Civilization Matters

June 24, 2010

Economic Transition: From Command Economy to Capitalist Economy

Filed under: Term 5 St. Petersburg — Tags: , , — wadatripp @ 5:12 am

IS RUSSIA IN DECLINE?
In this video, Pareg Khanna makes the case that while Russia may appear to be strong in the short term, there are a number of factors that suggest that there is potential for Russian Economic decline in the long term.






WIDENING ECONOMIC GAPS BETWEEN RICH AND POOR AND YOUNG AND OLD

In the Frontline Documentary “Rich in Russia”, Sabrina Tavernise explores how the emerging capitalist society is leaving many Russians behind.




THE POTENTIAL FOR A POPULIST BACKLASH?

As we have already observed in both India and China there appears to be a familiar pattern of increasing economic disparity between the rich and poor in Russia and the potential for a populist backlash is possible.




DOES A NEW TOMORROW FOR RUSSIA LIE WITH ITS YOUTH?
The youth in Russia today, those who have grown up in a free-market economy and are distanced by time from the vestiges of the commend economy that ruled the lives of their parents and grandparents appear to be where the hope for a new tomorrow in Russia.

RUSSIA’S ECONOMIC TRANSITION: QUESTIONS TO CONSIDER

  • How have the vestiges of Imperial/Tsarist and Totalitarian/Soviet rule influenced the Economy in Russia over the past two decades?
  • Can Putin’s Autocratic rule impose its will on the economy to continue to deliver the growth required to appease the average Russian Citizen?
  • Will social unrest boil over as a result of the increasing disparity between rich and poor in Russia?
  • Will Russia’s dependence on oil as the primary source of economic stability undermine the development of a more resilient and diversified economy?
  • How do the youth in Russia see the economy of the country unfolding over the next 20 years?

Click HERE to return to the Russia main page.

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Exploring Russia’s Transitions and Tensions

Filed under: Term 5 St. Petersburg — Tags: , , , — wadatripp @ 4:51 am

RUSSIA’S TRANSITIONS AND TENSIONS

Just as we examined the impact of culture and civilization on England, the Middle East, India and China through the prism of transitions and tensions, the CCL course in St. Petersburg will be grounded in the key transitions that Russia is experiencing and the tensions that have emerged as a result.

In this video excerpt, Dmitri Trenin, Author of “Getting Russia Right” provides a backdrop of the following transitions that Russia is currently undergoing.

You can view Trenin’s complete address on Fora.tv here

  1. Today’s Russia is powered by the two things that were absolutely antithetical to the Soviet Union: Private Money/Money and Open Borders/Open Minds
  2. The Tale of Two Cities: The City of the Kremlin and its Vertical Bureaucratic Political Power Structure and the City of Millionaire Citizens Who Increasingly Own More and More of Russia.
  3. The Ikea Index: An indicator that the common people whose economic lot is changing as they increase their participation in the emerging market economy.


ANALYZING TRANSITIONS AND TENSIONS

During our time in Russia, we will explore how the following transitions:

  • Societal: From Soviet Serfdom and Control to Personal Freedom
  • Political:From Totalitarian Regime to Autocratic Rule
  • Economic:From a Centrally Planned Command Economy to a More Open Capitalist Economy

Additionally, we will explore the resulting tensions that have emerged as a result of these transitions:

  • Societal: From the perception of Government Backed Security and Predictability to the Uncertainty and Chaos of Market Opportunity
  • Political: From Soviet Communism to Russian Nationalism.
  • Economic: From Corruption and Oligarchy to an Emergent Consumer Society



VISUALIZING THE TENSIONS AND TRANSITIONS

The chart below summarizes the Societal, Political and Economic lenses through which we will explore the region:



We will explore the Societal, Political, and Economic transitions and associated tensions in more depth in subsequent pages of this blog.

Click HERE to return to the Russia Main Page

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