January 2, 2009: " The commercial corruption in Russia is among the worst in the world (China being a close second). The companies of both nations are most often trying to use bribes when operating overseas. In Russia, the culture of bribery is seen as a defense against government attempts (often successful) to take over companies. Russia is returning to czarist days in that respect, where the czar (or his chief ministers, in most cases) could override commercial contracts and seize assets almost at will. But the government cannot run these seized firms as well as their managers, so the bureaucrats look about for new temporary owners (who can operate the firms as long as they make a lot of money for the bureaucrats, and themselves.) It's not an efficient system, and now that Russia is competing on world markets, this is becoming a problem."
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