Posts Tagged ‘guriev’
Guriev’s Exile Is a Huge Loss for Russia
When the St. Petersburg International Economic Forum opens next week, a traditional fixture of the event will be conspicuously absent: renowned economist Sergei Guriev.
During the forum, Russian officials will undoubtedly repeat the usual lines about the country’s untapped potential, its attractiveness as a gateway between Asia and Europe and its tremendous investment opportunities. But the other standard phrase used to pitch Russia at these forums — that the country has a “rich, educated human capital” — will sound particularly hollow amid Guriev’s forced exit from Russia.
Two weeks ago, Guriev announced from Paris, where his wife and two children live, that he would not return to Russia for fear of being named as a defendant in a possible third criminal case against former Yukos CEO Mikhail Khodorkovsky. “There is no guarantee that I won’t lose my freedom [in Russia],” he told Ekho Moskvy on May 31. Guriev resigned as rector of the New Economic School, which he had turned into one of the country’s top graduate programs in economics, and from the boards of Sberbank and four other companies.
Guriev’s “crime” was co-authoring a 2011 report for then-President Dmitry Medvedev’s human rights council in which he explained why the second criminal case against Khodorkovsky was unfounded, a conclusion that had been clear even to the most casual observer. In addition, Guriev donated 10,000 rubles ($320) last year to the anti-corruption fund of opposition leader Alexei Navalny, who is currently facing criminal charges in an embezzlement trial that many consider to be politically driven.
When an investigator from the Investigative Committee appeared in Guriev’s office in April for a third round of questioning, the official unexpectedly pulled out a warrant to seize Guriev’s computer hard drive and asked him if he had an alibi, presumably for a third Khodorkovsky trial.
After this, Guriev concluded that he had quickly gone from being a “witness” in the Khodorkovsky criminal case to effectively becoming a “defendant.”
Shortly thereafter, he fled to Paris. Guriev feared that if he remained in Moscow much longer, investigators would pay another surprise visit, but this time with a new warrant to seize his passport and place him under house arrest.
Guriev’s exit is a tremendous loss for Russia — at least for its progressive elements that want to pull the country in a new, modern direction. Guriev, an internationally recognized economist and former visiting professor at Princeton University, could have worked in any number of Western countries over the past 15 years, but he decided to stay in Russia and try to build a more modern, liberal and democratic Russia. In addition to developing the New Economic School, his other main modernization projects included participation in Open Government, Skolkovo and the president’s human rights council.
As rector and professor at the New Economic School, Guriev’s goal was to train young Russians to become innovative leaders, managers, economists and financial experts capable of modernizing Russia. And he was tremendously successful in this role, with roughly 80 percent of New Economic School graduates working in Russia in top-level positions at leading financial, consulting, real estate development and manufacturing companies.
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Fright follows flight
A growing number of Russians want to emigrate; but even those who leave have cause for fear
Sergei Guriev admits that his wife was right. Two years ago she left for Paris, saying that it was not safe to live under the regime of President Vladimir Putin. Now the leading Russian economist is joining her. The trigger was a request from the authorities to seize his emails, apparently in preparation for a case against him. His crime is unclear: it may have been giving an expert opinion about the legal status of Yukos, once Russia’s largest oil company, which was spectacularly dismembered in a Kremlin-sponsored raid ten years ago.
Guriev’s departure is part of a trend. Garry Kasparov, the chess champion and opposition leader, says it is too risky to return to Russia. Friends of Alexei Navalny, another opposition leader, fear he has left it too late: he faces jail on trumped-up fraud charges.
The mixture of lawlessness and repression is chilling. Overall, nearly a quarter of Russians want to emigrate. The figure is striking: 22%, up from 13% in 2009. The survey is by the Levada centre, Russia’s best-known opinion pollster, which the authorities are harassing because it receives some money from abroad and is therefore a “foreign agent”.
The unhappiest are the middle classes, who should be the biggest beneficiaries of the boom of the past 13 years: 45% of students and 38% of entrepreneurs want to leave, with the highest figures in Moscow and other big cities. So far emigration is a ripple, not a wave. About three-quarters of the discontented say they will stay put. Only 1% of those surveyed are actually taking practical steps to go.
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Russia 2012 forum highlights the need to separate government and economy
Mass privatization, power body reforms, creation of a competitive political system and the pardon of Mikhail Khodorkovsky – these are the steps that foreign investors are waiting for from the Russian ruling elite, as the annual “Russia 2012” economic forum showed.
The forum was organized by Russia’s largest bank, Sberbank, and investment company Troika dialogue as a continuation of the Davos economic forum.
Troika Dialogue head, Ruben Vardanyan, described Russia’s three main challenges. “First of all, corruption. Secondly, the problem of government’s interference in the economy and the high level of monopolization. Thirdly, the political system has outdated itself,” Vardanyan said while opening of the forum on Thursday.
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To learn more about what happened to Sergei Magnitsky please read below
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