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Monday, September 29, 2008

Putin’s protege is Russian Prez


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Medvedev to ensure political continuity in Parliament


The Putin loyalist, Dmitry Medvedev, is all set to be Russia’s next President. The 42-year old former lawyer will be Russia’s youngest ever president. According to Russian election commission announcement Medvedev has won more than 70% votes to be appointed to the Presidential post on March 7. In an election which saw almost 70% voter turnout, Medvedev’s closest rival, the Communist leader Gennady Zyuganov, could secure only 17.8 % votes.

The rivals in their traditional style have called the “election a one-sided farce”. “This is a secret service KGB operation to transfer power from one person to another,” said former Prime Minister Mikhail Kasyanov, who was disqualified from fighting the elections.

This obviously is a natural outburst from a politician who has witnessed Putin exercising a tight grip over the Russian economic and intellectual resources over the past eight years. However, it is also a well known fact that Medvedev is a devoted Putin protégé, who has vowed to follow the policy guidelines enunciated by his mentor. Medvedev has even gone to the extent of promising to appoint Putin as his prime minister. But aren’t such political manoeuvring common in a democratic set-up? Almost all incumbent governments across the globe use state machinery to promote their party candidates. Why should the West cry hoarse and call the recently concluded polls less than democratic?

What the West seems to forget is that a well-managed Russia is a better bet for the growth of democracy and the health of global economy, than a timid & corrupt Kremlin of the Boris Yeltsin era in the 1990s.

B&E edit bureau: Atul Bharadwaj

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Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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