Cracking down on Putin’s crony kleptocrats

Cracking down on Putin’s crony kleptocrats
The odd couple: Vladimir Putin replaced Boris Yeltsin and built a kleptocracy in the process. (Image: Getty)
Peter Bale
When Vladimir Putin took over from the popular-but-often-pissed Boris Yeltsin, he inherited an economy that had gone through a radical transformation at the hands of neoliberal technocrats – heavily influenced by the American economic theorists. If that sounds familiar there are weird – if a bit stretched – similarities to the Roger Douglas years when New Zealand was a petri dish for Chicago School ideas. One alumnus of the Douglas years, Stephen Jennings, even went on to make a fortune in Yeltsin’s Russia, bec...

More Editor's Picks

Being AI sues investment bank for defamation
Markets

Being AI sues investment bank for defamation

Chair Sean Joyce says the bank has doubled down on highly defamatory allegations.

Migrant exploitation reports rise
Law & Regulation Exclusive

Migrant exploitation reports rise

MBIE says the rise most relates to the accredited employer work visa scheme.

Murray Jones 01 Jul 2024
Fail File: Wendy Pye, publisher at Sunshine Books
Editor's Picks

Fail File: Wendy Pye, publisher at Sunshine Books

Wendy Pye has built an ethical business around education. 

Victoria Carter 29 Jun 2024