Schrage

Russian Business and the Ballot Box: Is Democracy Good for Investment?University of Illinois at Urbana-Champaign Chancellor’s Conference on Russia, Business and Politics:Challenges and OpportunitiesChicago, October 12-13, 2006: 

Russian Business and the Ballot Box: Is Democracy Good for Investment? University of Illinois at Urbana-Champaign Chancellor’s Conference on Russia, Business and Politics: Challenges and Opportunities Chicago, October 12-13, 2006 Burkhard N. Schrage Assistant Professor of Management, LKC School of Business, Singapore Management University Senior Fellow, The Wharton School, University of Pennsylvania bschrage@smu.edu.sg

Slide2: 

Strong political rights Weak political rights

Democracy or Governance?: 

Democracy or Governance?

Strong but differing Relationships between Democracy and Governance: 

Strong but differing Relationships between Democracy and Governance All statistically highly significant

Russia Compared to Lower Middle Income Countries: 

Russia Compared to Lower Middle Income Countries Source: The World Bank (2006)

Russia Made Progress During the Last 10 Years: 

Russia Made Progress During the Last 10 Years Governance Scores in 2005 Governance Scores in 1996 Source: The World Bank (2006)

And Finally…: 

And Finally…