Is Russia Taking Another Step Toward a Planned Economy?

On July 15, speaking during a session of the Russian State Duma, Deputy Prime Minister Denis Manturov elaborated on the need to take a turn “from absolutist market-type industrial policy toward a policy aimed at securing [Russia`s] industrial sovereignty.” In his speech, Manturov said that industries such as electronics, machine tool and chemistry “should be paid special attention” by Moscow. Read Full Article »