Counterrevolution: How the Vertical of Power Was Built in Modern Russia and How It Affects the Economy

Why did the Russian economy, after a vigorous growth in the first years of Vladimir Putin’s presidency, get stuck in stagnation from which—already for many years—no exit is visible? How did Russia, once a democratic country, turn into an outcast that scares its neighbors and quarrels with partners? Over nearly 20 years in power, Vladimir Putin has seriously changed the country. However, according to Sergey Alexashenko, Putin was not acting according to a pre-planned program. Again and again, he made decisions, none of which seemed capable of radically changing the course of history. Yet taken together, they turned the movement of our country in a completely different direction. The book “Counterrevolution” tells about those of Putin’s decisions that strongly affected Russia, slowed structural changes in the economy, and ultimately undermined economic growth.