Martin Shakkum, Chairman of the State Duma Committee for Industry, Construction & Science-Intensive Technology

1951 - born in Krasnogorsk, Moscow Region
1974 - graduates, Kaliningrad Higher Military Engineering School
1976 - joins, Institute of Space Research
1978 - graduates, All-Union Scientific Engineering-Construction Institute
1991 - Director General, then First Vice President, International Fund of Economic and Social Reforms
1993 - member, Advisory Council under State Duma, Chairman of the Russian Federation
1996 - founder and Head, Socialist People’s Party of Russia
1996 - receives PhD in political science
1996 - runs for President of the Russian Federation
1997 - President, International Fund of Economic and Social Reforms
1999 - State Duma deputy
2002 - Chairman, Committee on Industry, Construction and Science Intensive Technologies
2003 - board member, State Committee of the Russian Federation on Construction, Housing and Public Utilities

Today we are talking about Russian economic development. The State Duma is considering a draft law on the creation of a sate corporation “Russian Technology”, which is to unite several high tech enterprises. This move will enhance the state presence in the Russian economy. Does that mean that Russia is building state capitalism? What are the advantages and perils of this economic model? To answer these questions, our guest today is Chairman of the State Duma Committee for Industry, Construction & Science-Intensive Technology, Mr Martin Shakkum.