Judy Twigg
Society, Eurasia
Highly educated Russians are racing for the exits—but does Putin care?
Oil and natural gas prices are low. Western sanctions over Crimea continue to bite. Declining revenues have led the Russian government to demand another double-digit cut in state investment programs and administrative costs, with social spending likely also to take a hit. What Russia needs most is smart, technologically driven investment to shed its dependence on commodity exports and focus on diversified sources of growth. What it’s getting instead are regret-laced waves goodbye from many of its top thinkers and creators. Those most likely to propel the …read more
Source: The National Interest