Bankruptcy laws are no applied. Taxation is unpredictable and capricious. Many government decisions effecting business are taken by executive fiat. The judicial system is poorly developed and corrupt. Authority and jurisdiction between various government levels and agencies are too often unclear or duplicated.
Corruption is prevalent and much crime is tied to commercial activity.
Bankers and other business leaders have been assassinated, and 8,000 gangs are known to operate in Russia involving racketeering, kickbacks and protection. These factors have contributed to a difficult business climate in Russia. Freedom House Survey of Economic Freedom 1995-96.