Privatisation in Russia was endorsed by technocrats. It led to the rise of Vladimir Putin.
President Barack Obama is voicing optimism that this week's crucial G20 summit will set the framework for recovery, saying that world leaders know they must 'deliver a strong message of unity' for the sake of the global economy.
So far, neither Washington nor Wall Street seems to have fully grasped this political sea-change, or figured how to deal with it.
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