Our crony-capitalism index offers a window into Russia’s billionaire wealth
Rich folk in autocratic countries remain vulnerable to the whims of dictators
ALTHOUGH BILLIONAIRES have been getting a bad rap for years, the sanctions levied at Russian oligarchs have intensified scrutiny on the origins of tycoons’ wealth. On March 1st President Joe Biden announced that his government was setting up a “klepto capture” task force to “go after the crimes of Russian oligarchs”.
This article appeared in the Finance & economics section of the print edition under the headline “The makers and the takers”
Finance & economics March 12th 2022
- Can the world cope without Russia’s huge commodity stash?
- War in Ukraine will cripple global food markets
- Russia looks to Chinese financial plumbing to keep money flowing
- Western credit markets are holding up remarkably well
- Iran’s flourishing stockmarket reflects its resilient economy
- Our crony-capitalism index offers a window into Russia’s billionaire wealth
- How oil shocks have become less shocking
From the March 12th 2022 edition
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Germany’s economy goes from bad to worse
Things may look brighter next year, but the relief will be short-lived
An economics Nobel for work on why nations succeed and fail
Daron Acemoglu, Simon Johnson and James Robinson tackled the most important question of all
Why investors should still avoid Chinese stocks
The debate about “uninvestibility” obscures something important
China’s property crisis claims more victims: companies
Unsold homes are contributing to a balance-sheet recession
Europe’s green trade restrictions are infuriating poor countries
Only the poorest can expect help to cushion the blow
How America learned to love tariffs
Protectionism hasn’t been this respectable for decades