Tuesday, 22 March 2016

Billionaires win when they run for office around the world (Darrell M. West, Brookings)

In the former Soviet republic of Georgia, billionaire Bidzina “Boris” Ivanishvili had a net worth equal to one-third of his country’s $15.8 billion gross domestic product, but was dissatisfied with the ruling party. Then President Mikheil Saakashvili had been elected in 2008 on an anticorruption platform, and to the dismay of Ivanishvili and his Russian allies, the chief executive was pursuing pro-Western policies and threatening to join NATO.

http://www.brookings.edu/blogs/fixgov/posts/2016/03/22-billionaires-win-elected-office-west

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