Archives for February 2012

Education as the Elixir of Growth III

Just in case you thought the correlation between human capital and economic development was an artifice of the post-socialist world, here is a similar graph (R2=0.4273) for all the world’s countries that have participated in the Math and Science portions of the PISA or TIMMS (8th grade) international standardized student assessments. The methodology is the […]

The Profound Irrelevance of Corruption, Institutions, And Ease Of Business To Economic Growth

That title sure caught you attention? Good. Now for the 1000-words-in-a-picture evidence. Human capital refers to educational attainment, as measured by the results of the PISA and TIMMS standardized tests*. As you can see, there is a very close correlation between human capital and GDP (PPP) per capita. The exceptions all confirm the rule. For […]

Translation: Sergey Zhuravlev – The Reversal Of The “Russian Cross”

Sergey Zhuravlev is a Russian economist who runs a wonky but eminently readable and very useful, interesting blog and writes for Expert (author profile), which I may add is an excellent publication. You have met him previously on my blog as the inventor of a clever – if, in my opinion, flawed – argument that the 2011 […]

Making Sense Of Russia’s Arms Binge

In the wake of Putin’s article on national security for Rossiyskaya Gazeta, there has been renewed interest in Russia’s ambitious military modernization plans for the next decade. I am not a specialist in this (unlike Dmitry Gorenberg and Mark Galeotti, whom I highly recommend), but I do think I can bring much-needed facts and good sources to the […]

Russia’s Demographic Crisis Has Ended

I will have a much longer and detailed post on this in the future, with new projections, but this breaking news (at least as far as it comes with dry demographic statistics) so I can’t refrain from writing a preliminary post on the matter. For all intents and purposes, Russia’s demographic crisis – the infamous […]

And The Wheel Spins On

[youtube=http://www.youtube.com/watch?v=DvAYV6-ZN0I&w=480&h=360] “Despite it being a sad and fearful prospect, in my opinion a totalitarian reversion for a certain period of time is possible. But the danger lies not in the law enforcement agencies, the power organs, and not even the Army, but in our own mentalities – our people’s, our population’s, in ourselves. It all seems […]

Navalny’s Petty Racism

A few weeks back Navalny brought my attention to this lovely song extolling Putin’s achievements by Tolibjon Kurbankhanov, a Tajik singer from Dushanbe. [youtube=http://www.youtube.com/watch?v=RcnQ9imDrWk&w=640&h=360] Navalny exhorts his minions to spread this clip far and wide. The writing between the lines is obvious. His reasons aren’t nice and altruistic, but utterly insidious, playing on xenophobia towards Central […]

Whiskey Trickles Into Russia’s Drinking Culture

Russia has a long and proud drinking culture; according to the chronicle of its founding, the main reason it chose Christianity over Islam was the latter’s prohibition of booze. Vodka has been distilled there since at least the 12th century. As of the time of writing, it is the world’s largest spirits market by volume […]

Far More People Protested FOR Putin Than Against, But You Wouldn’t Know It From The Western Media

The above photo, part of a photo report by Ridus, shows the Anti-Orange protest at Poklonnaya Gora in Moscow on February 4th. Does that look like 35,000 people to you, let alone 20,000 or 15,000? Because those were the most commonly cited figures in the Western media, apart from those cases where they ignored them altogether (The […]

Why China Is Far Superior To India

It is not a secret to longtime readers of this blog that I rate India’s prospects far more pessimistically than I do China’s. My main reason is I do not share the delusion that democracy is a panacea and that whatever advantage in this sphere India has is more than outweighed by China’s lead in any number […]

Unofficial Early Voting For The Russian President

[AK: All old polls are gone – reason, but I recall Putin winning with a good 70% or so.]