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Is the U.S. Really Less Corrupt Than China — and How About Russia? (Ep. 481 Update)

Freakonomics Radio

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From State Control to Oligarchic Power in Post-Soviet Russia

This chapter examines Russia's transition from state-owned enterprises to privatization post-Soviet Union, focusing on the rise of oligarchs in the energy sector. It also discusses the political shifts under Boris Yeltsin and Vladimir Putin, highlighting the evolution from lawlessness to a structured kleptocracy.

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