The Ukrainian economy (prior to the current crisis) achieved a limited recovery, but its prospects continue to be jeopardized by the split between the industrial east, the agrarian west, and the Kyiv region, by failure to modernize the crucial metallurgical sector, and by chronic political crisis.

This article calls upon policy makers in Russia to take a more robust, comprehensive approach to the design and implementation of a macroregional development policy.

This article explores the links between corruption and the choice of different strategies to guide Russia's socioeconomic development, observing that once corruption becomes an integral part of economic and social institutions it acts to distort transactions and retard development.

This article argues that the implementation of a well-chosen long-term strategy for Russia's modernization will require both political leadership and the constructive efforts of interested social groups.