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... ing in
as well in an attempt to elect its own mayors (for instance, in
Irkutsk).
Regional finances are in bad shape.
Only 40 out 89 regions managed, by
February, to pay their civil servants their December 2001 salaries
(raised 89% - or 1.5% of GDP - by the benevolent president). Many
regions had to go deeper into deficit to do so. Salaries make three
quarters business to internet keno business marketing internet of regional budgets.
The East-West Institute reports that arrears have increased 10% in
January alone - to 33 billion rubles (c. $1 billion). The Finance
Ministry is considering to declare seven regions bankrupt. Yet another
committee, headed by Deputy Head of the Presidential Administration,
Dimitri Kozak, is on the verge of establishing an business home idea internet external
administration for new_kwds insolvent regions.
The recent housing reform - which
would force Russians to pay market prices for their apartments and
would subsidize the poor directly (rather than through the regional and
municipal authorities) - is likely to further new_kwds weaken regional balance
sheets.
Luckily for Russia, the regions are less cantankerous and restive now.
The emphasis has shifted from narcissistic posturing to economic
survival and prosperity. The Moscow region still attracts the bulk of
Russian domestic and foreign business home idea internet investments, leaving the regions to make
do with leftovers.
Sergei Kirienko, a former short lived Prime Minister, and, currently
the president's envoy to the politically mighty Volga okrug, attributes
this gap, in a comment to Radio Free Europe, to non-harmonized business
legislation (between center and regions). Boris Nemtsov, a member of
the Duma (and former Deputy Prime Minister) thinks that the business home insurance problem business home idea internet business home idea business home idea internet internet is
a "lack of democratic structures" - press freedom, civil society, and
democratic government. Others attribute the deficient interest to a
dearth of safety and safe institutions, business home idea internet propagated by entrenched
interest groups.
Small business is back in fashion after years of investments in
behemoths such as Gazprom and Lukoil. new_kwds Politicians make small to medium
enterprises a staple of their speeches. The EBRD has revived business home idea internet its
moribund small business funds (and grants up to $125,000 loans to
eligible enterprises). Bank lending is still absent (together with a
banking system) - but foreign investment banks and retail banks are
making hesitant business to business marketing internet inroads business home idea internet into the regional markets.
Small businessmen
are more assertive and often demonstrate against adverse tax laws, high
prices, and poor governance.
Russia is at a crossroad. It must choose which of the many models of
federalism to adopt. It can either strengthen the center at the expense
of the regions, transforming the latter into mere tax collectors and
law enforcement agents - or devolve more powers to tax and spend to the
regions. The business internet business online home idea internet pendulum swings.
Putin appears sometimes to be an avowed
centralist - and at other times a liberal. Contrary to reports in the
Western media, Putin failed to subdue the regions. The donors and
exporters among them are as powerful as ever. But he did succeed to
establish a modus vivendi and is working hard on a modus operandi.
He
also weeded internet business online out the zanier governors.
Russia seems to be converging on
an equilibrium of sorts - though, as franchise internet usual, it is a precarious one.
Russian Agriculture
In Soviet business home idea internet times, Kremlinologists used to pore over grain harvest
figures to divine the fortunes of political incumbents business home idea internet behind the
Kremlin's inscrutable walls. Many a career have ended due to a meager
yield. Judging by official press releases and interviews, things
haven't changed that much. The beleaguered Vice-Premier and Minister of
Agriculture of the Russian Federation admitted openly last October that
what remains of Russia's ag ... |
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