There is still concern about the notorious ‘‘dark’’ side of
Russian business affairs, which includes a range of activities that could be regarded as violations of universal codes of human integrity, including extortion and flagrant breach of contract. The Russian phrase ‘nel’zya, no mozhno’ (prohibited, but possible) sums up the attitude of getting around the ‘official system’ where “nothing is legal, but everything is possible”…
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The black market economy in Russia is a huge industry,
estimated to be the equivalent of the GDP of Denmark – some US $300 billion. It is so rampant that many large Western firms are deciding to cut their losses and leave Russia for good, IKEA among them. This is just a tiny tip on an enormous iceberg…
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