JRL NEWSWATCH: “Hegemony of state in Russian economy deepens, warns watchdog” – bne Intellinews
“… the state is no longer simply setting the rules of engagement, but attempts to regulate the whole economic system of the country, Federal Anti-Monopoly Service (FAS) watchdog warns …. [as is] evident on both federal and regional levels, where authorities are interfering in local business relations and engage in regional protectionism. … Before the 1998 crisis the state’s share in the economy was estimated at … 25%, growing to 40-45% by 2008, and exceeding 50% in 2013. FAS assumes that in 2017-2018 the share of the state in the economy already exceeds 60-70% of GDP. …”
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