How Does the Political Corruption Affect the Business...

How does the political corruption affect the business environment in Russian Federation? ABSTRACT This paper aims to analyze and describe the influence and the scale of the corruption on business environment in Russia, and the consequences for the society. The paper will start by examining â€Å"The Collapse of The Soviet Union and The Rise of Russia† as the prerequisite for the escalation of the corruption among Government officials, the establishment of oligarchic structures and examining the role of domestic business and foreign investors regarding their contribution in corruption practices. Then it will discuss the historical trends of the corruption’s phenomenon, whether the†¦show more content†¦Now, when the system changed, the government had to establish absolute new for the whole country way for living. Capitalistic system states are based on the free enterprise, private property, markets, and individual choice. In 1991, the Russian language did not even have a word or term that stressed the private property in land. Property belonged to all, and th erefore to no one. After the Bolshevik revolution a forceful collectivization of the land property was carried out. This way a vital link between the peasantry who were the main workforce in the country and their object of work - the land, their prime source of income and goods, was broken. The communist government vigorously was compelling the peasants to work tirelessly, for almost no profit, the salaries were the lowest in the country, so the pensions. As a result the alienation of the citizen toward the land and the property as a whole was one of the main reasons for the fall of the communism. Huge flow of people from the countryside to the cities was taking place. As a result at the end of communist regime the base for restoration of the capitalistic economy in the villages – the development of small and middle sized farms was very weak. Rebuilding the ties between the people and the land, returning the economic initiative to the individuals and changing the state re gulatory system, including the protection of the private property were immense tasks for the newShow MoreRelatedHow Does the Political Corruption Affect the Business Environment in Russian Federation?3378 Words   |  14 PagesHow does the political corruption affect the business environment in Russian Federation? ABSTRACT This paper aims to analyze and describe the influence and the scale of the corruption on business environment in Russia, and the consequences for the society. The paper will start by examining â€Å"The Collapse of The Soviet Union and The Rise of Russia† as the prerequisite for the escalation of the corruption among Government officials, the establishment of oligarchic structuresRead MoreCost Of Renewables In Russia Case Study6040 Words   |  25 Pagesthe capital costs in the best-developed markets: 1,700/kW (photovoltaic) and 1,600/kW(wind).[footnoteRef:2] [1: IEA (2013), Medium-Term Energy Market Report, OECD/IEA, Paris] [2: IRENA (2017), REmap 2030 Renewable Energy Prospects for Russian Federation, Working paper, IRENA, Abu Dhabi. www.irena.org/remap ] Fig. 20. Power Generation Costs from Land-Based Wind Turbines. 2002-2013 Source: IEA, Medium-Term Energy Market Report. 2013 Comparing to fossil fuel, electricity cost of renewable energyRead MoreFifa Corruption Paper4265 Words   |  18 PagesCorruption Scores a Hat Trick Against FIFA FIFA has been at the center of a great deal of corruption during the last couple of years. 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