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International Relations, PUBLICATIONS

Corruption in Russia

Corruption in Russia

© Alexandr Blinov / Fotolia

Corruption in Russia is deeply entrenched and permeates all levels of Russian society. It causes significant financial loss to the Russian economy in terms of gross domestic product and considerably lowers the country’s attractiveness as a foreign direct investment destination. Despite a recent positive trend, as evidenced by various international indicators measuring the perception of corruption, Russia continues to lag far behind its G8 and G20 peers in the rankings.

The Russian leadership’s decision to step up its efforts to curb endemic corruption in Russia was prompted by its ambition to facilitate Russia’s further integration into the global economy, by obligations under international anti-corruption instruments and by commitments made within the G8 and G20.

In 2008, then-President Dmitri Medvedev signed an anti-corruption framework into law, and this has been repeatedly broadened and tightened. However, the fight against corruption has so far not made much headway. Law enforcement has remained ineffective and selective, allowing for impunity, notably among high-ranking officials, and even for politically motivated trials against anti-corruption whistleblowers such as the prominent lawyers Sergei Magnitsky and Alexei Navalny.

In connection with the trials initiated against the latter, the European Parliament expressed its deepest concern and recommended that the Council urge the Russian authorities to put an end to widespread corruption and to reform the judiciary in line with international standards.

To read the whole Briefing click here

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Discussion

4 thoughts on “Corruption in Russia

  1. Reblogged this on eurogreece.

    Like

    Posted by Yiannis Seitanidis | March 19, 2014, 14:21
  2. Your article is corrupted and the authors mindset about corruption is twisted. Redicoulous enough you are refering to so called facts and try to convince people that Russia is the ‘bad guy’ and all over Europe all is fine. The real question you should raise is, what about corruption in Europe, specially in Brussel and all of Italy, and what makes you think you are immune against little presents, benefits belonging to the ‘bureaucracy’ of an corrupt institution called EU that more then 53% of the citizens are not agreed with.

    Like

    Posted by Adam christ | March 18, 2014, 10:50
  3. What so special about it?

    Like

    Posted by Francisco Ferreira | March 18, 2014, 10:38
  4. We are fade up with Corruption. You got problem in your country and here in India we too are victim of corrupt politicians and bureaucrats. Have a look on this article.
    http://topbullets.com/2013/08/21/corruption-india-evil-outcome-result-of-democracy-group-discussion/

    Like

    Posted by Deepesh Singh | March 18, 2014, 10:01

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