Russian Far East Has Complex Political Structure

The Russian Far East, located between the Pacific Ocean and East Siberia, contains a mixture of five oblasts, two okrugs, two krais, and one republic. Each area has its own status within the Russian Federation, varying from ethnic autonomy and regional sovereignty to a form of colonialism.Unfortunately, there are no analogies in the U.S. or Europe from which to compare these relationships. Worse yet, it is difficult for Western and Asian investors to understand the tangled relationships between local, regional, and federal administrations, creating unavoidable barriers to economic development.Loose definitionsThere are basically four administrative units in the Russian Federation: Oblast....

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