Hacker News new | ask | show | jobs
by george0812 1569 days ago
Unfortunately (and I mean it) there is barely any precedent for a regime like this turning around and the economy improving. In terms of economy, it's probably going to be downhill from here, companies will enter survival mode and innovation will be minimized. I really hope I'm wrong though :(

examples: Iran, North Korea, Venezuela, ...
1 comments
LAC-Tech 1569 days ago
Putins regime was a massive economic improvement from Yeltsins regime though, which is one reason why he is (was? hard to gauge) so popular.

Also counter examples of more authoritarian regimes having economic resurgences - south korea, taiwan, to lesser extents china and vietnam... I'm sure there's more.

link
pr0nin 1569 days ago
no. it's not. It just happened during the rise in the global oil prices
link
LAC-Tech 1569 days ago
Right, I guess there's a lot of debate on why things improved so much economically around that time. But still people will tend to associate it with the administration it happened under - we do it in western countries as well.
link