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Corruption in Russia’s Construction Industry: A Stealing of State Budgets

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Moscow, Russia - A recent study has revealed that corruption is rampant in Russia’s construction industry, with billions of rubles being siphoned off from state budgets each year.

The Problem

According to the research, corruption during construction projects is essentially a “tax” paid by ordinary Russians to officials, criminals, and other participants involved in the implementation of projects financed by federal or regional budgets.

Solutions

The study’s authors have called for measures of a political, legislative, and economic nature to reduce corrupt practices in the industry. These include:

• Political measures:
  • Demonstrating the political will of the head of state, who has enormous powers, including personnel policy and legislative initiative.
  • Ratifying articles from the UN Convention against Corruption, signed by President Vladimir Putin 17 years ago.
• Legislative measures:
  • Making corruption an unprofitable and extremely dangerous business, as in China where corrupt officials can face severe punishment, including confiscation of property.
• Economic measures:
  • Combining anti-corruption legislation with economic measures to combat corruption.

Comparing Russia and China

The study highlights the need for combined anti-corruption legislation and economic measures to combat corruption. In China, the government’s strict anti-corruption policies have led to significant economic growth, with the country’s nominal GDP increasing by 50 times in just four decades.

“This is a wake-up call for Russia,” said one of the study’s authors. “Corruption is not only a moral issue but also an economic one. We need to take bold steps to tackle this problem and ensure that state budgets are used for their intended purpose.”

Conclusion

The findings of the study have been met with widespread concern in Russia, where corruption has long been seen as a major obstacle to economic growth and development.

Sources

• Moiseev, V. V., Karelina, E. A., & Glagolev, S. N. (2019). Maín Factors of Economic Growth of China Advances in Social Science, Education and Humanities Research, 96, 536-540.
• Nitsevich, V. F., Bilinskaya, M. N., & Moiseev, V. V. (2014). Modern Corruption: Domestic Specificity and Foreign Experience of Counteractio. Direct-Media.

Contact Information

For more information or to schedule an interview with the study’s authors, please contact [Name] at [Email] or [Phone].