Raam op Rusland: Putin with the Security Council on February 21, three days before the invasion started. Photo Kremlin
The oligarchs who emerged under Yeltsin's rule gave up their involvement in Russia's domestic politics. They earned their money in Russia, but used the West to invest their capital. The balance of power shifted to Putin's cronies and security apparatus. After the annexation of Crimea their anti-Westernism became a platform for consolidation, argues political scientist Kirill Rogov at the Russia File of the Kennan Institute.
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