In this public lecture, Bill Browder, Founder and Chief
Executive Officer of Hermitage Capital Management, gives a
firsthand critical analysis of the Russian economy–—particularly
the absence of the rule of law–—with insights derived from
We should not assume that making sense of post-Soviet Russia was
ever going to be easy. Great Powers that lose empires bear grudges
and the speed with which an empire is lost can exacerbate the
problem. No one can expect that a powerful country run...