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. Last Updated: 07/27/2016

LEGSI Ratings

Russia's state stability increased in December, according to the Lehman Brothers Eurasia Group Stability Index (LEGSI). The rating rose to 61, its highest score to date and considered to be in the High Stability range (60-80). The Security component of stability showed the most upward movement. President Vladimir Putin's participation in the 10th Russia-EU summit and his meetings with NATO Secretary General George Robertson and U.S. President George W. Bush all helped cement the increasingly cooperative relationship between Russia and the West. The main negative tendency is the slowing of structural reform progress, as evidenced by the State Duma's initial rejection of the housing reform bill and repeated postponements of the power sector reform package. Of the 22 emerging market countries covered by the LEGSI, Russia and South Africa shared ninth place in terms of overall stability in December.