"History proves that all dictatorships, all authoritarian forms of government are transient. Only democratic systems are not transient. Whatever the shortcomings, mankind has not devised anything superior." Vladimir Putin
Someone recently asked me if Russia is a good investment. My first instinct was to question why anyone in their right minds would want to invest in a region run by gangsters. Fortunately, I tempered my emotions and gave a more considered view, but the question had got me thinking, particularly when, through the door, came the Global Competitiveness Report for 2007/08 from the World Economic Forum (WEF). This report provides comprehensive information on various aspects of a country’s political, business, cultural and social infrastructure that contribute towards its economic competitivenes...
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