Russian Capital Flight, Economic Reforms, and U.S. Interests: An Analysis

The Congressional Research Service, a department of the Library of Congress, conducts research and analysis for Congress on a broad range of national and international policy issues. Some of the CRS work is carried out specifically for individual members of Congress or their staff and is confidential. However, there is also much CRS compiled material which is considered public but is not formally published on the CRS website.

For that reason a number of other organisations try to keep track of these publications and make them publicly available via their own websites. Currently, ESO uses the following websites to track these reports and allow access to them in ESO:

EveryCRSReport.com
Federation of American Scientists (FAS)

In some cases hyperlinks allows you to access all versions of a report, including the latest. Note that many reports are periodically updated.Russian capital flight is a longstanding problem with negative effects on the partially reformed Russian economy. Recent reports of Russian money laundering and other financial scandals involving the Russian Central Bank, the Bank of New York, other commercial banks, and even former President Yeltsin’s household involve forms of capital flight and have drawn greater attention to the problem.

They have been the subjects of Congressional hearings and have focused the attention of Members of Congress and others on U.S. interests in Russia and the effectiveness of U.S. policies. Recent legislation has been proposed as a result of concern over the these scandals and Russian capital flight. This report will be updated as events warrant. For additional information see CRS Issue Brief, Russia: Issue Brief, IB92089.

• Primary Source

Federation of American Scientists (FAS): Congressional Research Service [CRS] Reports https://fas.org/sgp/crs/index.html

EveryCRSReport.com https://www.everycrsreport.com/

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