The fact that the writing is on the wall creates a pressure point for change in fossil fuel economies. Too often these countires have been characterised by closed societies with highly corrupt elites and high political resistance to change. The World should not expect sudden shifts in policy, but neither can we miss this opportunity to build a more inclusive and fair Global economy. Take Russia for example, which has the highest proportion of national wealth held in offshore tax havens than any country in the World (estimated at 50%). Secret accounts and Global tax evasion must be ended if Russia is to be able to fund public services and investment once the oil and gas era is over. This gives the Russian people and others, including Saudia Arabia, a huge incentive to normalise relations and play a more constructive role in building a new regulated Global Economic Community. How long this process takes will determine how much longer the Russian people must wait for a better country and a better life.



Robert P Bruce

Author www.TheGlobalRace.net