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Article: Russia's Nigeria Connection.(Brief Article)
- Article from:
- Chief Executive (U.S.)
- Article date:
- August 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Chief Executive Magazine. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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For businesses invested in Russia, recent developments have appeared positive. Many Russians themselves consider the election of Vladimir Putin a promising sign. They applaud their president's move to clean up Gazprom, and saw his replacement of the gas giant's veteran CEO in late May as a sign of his commitment to end corruption.
Some pro-government commentators even liken Putin to Russia's autocratic Czar Alexander III, who consolidated control over Central Asia and began industrialization at home. Other Russians compare the country to Germany under the first Kaiser in the 1870s.
Like Germany of that time, Russia remains an autocratic and bureaucratic ...