The Political and Economic Results of November 2012

Russian Economic Developments, No. 12, 2012

6 Pages Posted: 23 Dec 2012 Last revised: 17 Jun 2013

See all articles by Sergei Zhavoronkov

Sergei Zhavoronkov

Gaidar Institute for Economic Policy

Date Written: December 22, 2012

Abstract

In November 2012, RF Minister of Defense Anatoly Serdiukov, accused of abetting corruption in his ministry, was sacked from office; former Deputy Minister of Regional Development was arrested; criminal proceedings against the managers of Rostelekom and the former top officials of the RF Ministry of Agriculture began to be pursued more vigorously. All those developments were comprehensively covered and commented on by the news media, which indicates that the authorities are anxious to increase their popularity by demonstrating a resolve to press ahead with both self-purification and war on corruption. Although the post of Minister of Defense was given to Sergey Shoigu, one of the few politicians with high approval ratings, it is unlikely that he will pursue any radical reforms in his sphere of competence. The RF Government managed to dissuade Vladimir Putin from transferring state-owned energy assets into the control of Rosneftegaz, a conglomerate headed by Igor Sechin.

Keywords: Russian economy

JEL Classification: K0, K1, K4, D73, D74

Suggested Citation

Zhavoronkov, Sergei, The Political and Economic Results of November 2012 (December 22, 2012). Russian Economic Developments, No. 12, 2012, Available at SSRN: https://ssrn.com/abstract=2192928

Sergei Zhavoronkov (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

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