• Commentary
  • Research
  • Experts
  • Events
Carnegie China logoCarnegie lettermark logo
{
  "authors": [],
  "type": "pressRelease",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace"
  ],
  "collections": [],
  "englishNewsletterAll": "ctw",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "russia",
  "programs": [
    "Russia and Eurasia"
  ],
  "projects": [],
  "regions": [
    "Caucasus",
    "Russia"
  ],
  "topics": [
    "Political Reform",
    "Democracy",
    "Economy",
    "Foreign Policy"
  ]
}
REQUIRED IMAGE

REQUIRED IMAGE

Press Release

Press Release: Russia—Lost in Transition: A New Book by Lilia Shevtsova

Link Copied
Published on Oct 10, 2007
WASHINGTON, Oct 10—President Vladimir Putin, constitutionally barred from running for a third presidential term, says that he has not ruled out running for prime minister, triggering widespread speculation about his intentions. In the run up to Russia’s presidential and parliamentary elections, a new book from the Carnegie Moscow Center’s Lilia Shevtsova examines the legacies of Presidents Putin and Boris Yeltsin and how they will shape the upcoming electoral cycle and Russia’s immediate political future.Sixteen years after the dissolution of the Soviet Union, Russia has startled the international community with its assertive rhetoric and economic might.  In Russia—Lost In Transition:  The Yeltsin and Putin Legacies, Shevtsova contends that Russia’s resurgence in the global arena disguises political stagnation and failure to modernize. She argues that the political regime and the type of capitalism that have been adopted over the last fifteen years are not sustainable in the long term and are unlikely to promote further economic growth and social improvements.

Key Conclusions:

  • To avoid becoming a lame duck president, Putin will seek to perpetuate the uncertainty and suspense around the election and his own political future. Putin’s recent reshuffling of his cabinet and the appointment of a relatively unknown prime minister demonstrated his need to prove he is still in charge. A new struggle for control and influence over the incoming political regime is likely to emerge.
  • Russia’s next leader must address the pressing social problems plaguing the nation, notably population decline and economic disparity. While anti-Western rhetoric has distracted the public, Russia’s shattered social infrastructure threatens economic and social stability.
  • Russia’s recent assertiveness in foreign policy has greatly mobilized the public, and the ruling elite would like Russia to simultaneously be both friend and foe to the West.  Potential domestic crises in Russia could result in a more nationalist and authoritarian regime that eschews cooperation with the West and purges moderates from the Kremlin.
  • To create a fertile environment for Russia’s further economic and political transformation, Russia and the West must recognize that they have common interests rooted in shared values. Western policy towards Russia should avoid isolation at all costs and should be based on understanding, strategy, and engagement.
    • In particular, Western nations must understand Russia’s unique dilemmas and choices;
    • develop a coherent strategy addressing the Kremlin leadership, the political class, and society;
    • and engage with Russia on areas where their interests overlap—counter-proliferation, combating international terrorism, energy security, and climate change—but not at the expense of acquiescing to the crackdown on democracy.

“Perhaps the greatest challenge for transforming Russia will be the need for its leadership to start the new reforms, of which the most radical will be dividing state power among independent institutions.  Will a new leader be prepared to embark on political self-castration and hand over some of his power to other institutions? This is Russia’s metaproblem for which no solution was found under Yeltsin and Putin,” concludes Shevtsova.

###

Notes:

  • Lilia Shevtsova is a senior associate at the Carnegie Moscow Center and leading expert on Russian domestic and foreign policy.  As the co-chair of the Russian Domestic Politics and Political Institutions Project, Shevtsova specializes in Russian presidential politics and elections.
  • Visit www.carnegieendowment.org/publications for ordering information.
    October 2007, 368 pp.
    Paper: 0-87003-236-3 $19.95
    Cloth: 0-87003-237-0, $49.95
  • The Carnegie Russia and Eurasia Program has been a leader in its field since the end of the Cold War. The senior research team comprises an unparalleled group of experts in the United States and Russia on Eurasian security and development, economic and social issues, governance and the rule of law, as well as security issues such as strategic nuclear weapons and nuclear nonproliferation. The Program has adapted to changing policy priorities during the region’s dramatic evolution in the past fourteen years—from the collapse of the Soviet Union, through the early phase of post-Communist transitions, into the post-9/11 era, and the current period under President Putin.
  • The Carnegie Moscow Center was established in 1993 and accommodates foreign and Russian researchers collaborating with Carnegie’s global network of scholars on a variety of topical areas and policy-relevant projects. Carnegie Moscow Center Associates work independently on their own research in areas covering a broad range of contemporary policy issues—military, political, and economic. 
Political ReformDemocracyEconomyForeign PolicyCaucasusRussia

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie China

  • Commentary
    The Spring and Autumn of Chinese Politics

    China’s political future will be shaped between now and next October. As the Communist Party enters its intense “campaign season” to prepare for a major political transition in 2027, reading Beijing's actions and responses may become more difficult as domestic politics weigh on its behavior more than usual.

      • Damien Ma

      Damien Ma

  • Article
    Can China Turn Its Small Modular Reactor Ambitions into Commercial Reality?

    China has showcased its engineering prowess with small modular reactor demonstration projects. But turning these technological achievements into commercial success will be a greater challenge.

      Tong Zhao

  • Commentary
    China Financial Markets
    The Plaza Accord and Its Relevance for China

    The Plaza Accord was not an externally imposed punishment of Japan but part of a broader restructuring that Japanese economists and policymakers themselves recognized was necessary. Its effects were undermined, however, when Tokyo responded to the resulting slowdown with policies that exacerbated investment, credit expansion, and the very imbalances the adjustment was intended to resolve.

      Michael Pettis

  • Commentary
    China Financial Markets
    Who Paid for China’s Last Debt Cleanup, and Who Will Pay for the Next?

    China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.

      Michael Pettis

  • Commentary
    Emissary
    Trump and Xi Are Angling for Three Years of Stability

    But their "principal to principal" model will only be as effective as the political strength of each leader back home.

      • Damien Ma

      Damien Ma

Get more news and analysis from
Carnegie China
Carnegie China logo, white
Keck Seng Tower133 Cecil Street #10-01ASingapore, 069535Phone: +65 9650 7648
  • Research
  • About
  • Experts
  • Events
  • Contact
  • Careers
  • Privacy
  • For Media
Get more news and analysis from
Carnegie China
© 2026 Carnegie Endowment for International Peace. All rights reserved.