Don’t turn your back on Russia

If Russia can become a strong, open democracy, says Matthew Lynn, it will have one of the fastest growing economies anywhere in the world.

No one ever needs any encouragement to take their money out of Russia. Almost a century on from the 1917 Revolution, the country is hardly any more stable now than it was then.

As the country approaches a tense presidential election, with protestors demonstrating against the autocratic regime of Vladimir Putin, most investors may write it off as yet another chaotic, dangerous period, which they will avoid.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.