Abstract

The caselet explains the re-election of Vladimir Putin as the president of Russia and the political reforms initiated by him. It also discusses the views of critics on the political reforms in Russia.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Working of European Union
• European Union under a new constitution
• Criticisms against the new constitution
• and European Trade Union Confederation (ETUC)’s support to the New.

Keywords

Communism, centrally planned economy, free market economy, fiscal reforms, short-term borrowings, Ruble, foreign direct investments (FDIs), inflation, gross domestic product, unemployment rate, small and medium-sized enterprises (SMEs), oligarchs, World Bank