Russia’s Way of Building Mega Projects
Journal: The Business History Review
Year: 2025

Big infrastructure projects are a problem everywhere.In the abstract, everyone wants them.In practice, the problems multiply.A first surprise is how difficult it is to tell a great idea from a terrible one beforehand.Next, the unexpected costs and delays pile up.Every new road, reservoir, or power plant has buried someone's backyard or displaced their ancestors' burial plot.Construction drags out.A project that has overspent its budget with completion still far in the future is surprisingly diff