Five Rules For Survival
In November 2008, Dmitriev published an essay entitled, “Crisis: five rules for survival”, in the leading Russian business daily Vedomosti (sister paper of the Financial Times and Wall Street Journal). In the article, Dmitriev warned that the current crisis would be prolonged and suggested the following rules for surviving it:
- Don't cherish hopes for a quick recovery
- Avoid dramatic growth in unemployment
- Support private enterprise
- Move forward onto new territory, defending one's current positions is not enough
- Avoid open confrontation, use levers of influence
Read more about this topic: Kirill Dmitriev
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