Click to increase image sizeClick to decrease image size Notes 1. Nassim Nicholas Taleb, “The Black Swan: The Impact of the Highly Improbable” (Russian edition), (Moscow: Attikus, 2009), p. 14 2. A classic example is efforts by Gazprom and by the think tanks linked to it to persuade the public and the ruling elite that shale gas has no future. Obviously, rising production of shale gas threatens Gazprom's status as the largest supplier of gas to Europe. 3. Adjusting Chinese economic indicators for purchasing power parity (PPP) may not actually make a lot of sense. PPP indicators work well for countries with a roughly similar structure of the economy and quality of the goods and services being consumed. Adjusting Chinese output for PPP fails to take into account, for example, that about 50 percent of the Chinese live in rural areas and consume low-quality goods and services, including government-provided services and housing. For people in the developed countries, such goods and services have zero value. 4. Minxin Pei, “China's Governance Crisis,” Foreign Affairs, 2002, September/October, <http://www.foreignaffairs.com/articles/58248/minxin-pei/chinas-governance-crisis#>, last accessed May 8, 2012. 5. China 2030: Building a Modern, Harmonious, and Creative High-Income Society (Washington, D.C.: World Bank, 2012), p. 301. 6. “China Facing a Crisis,” presentation at an IMEMO RAN workshop on February 1, 2012. <http://www.imemo.ru/ru/conf/2012/01022012/Presentation_01022012_01.pdf>, last accessed May 8, 2012. 7. Andrey Lankov, “Modernization in East Asia, 1945–2010,” lecture read on February 4, 2010 at the Polytechnic Museum, Moscow, <http://polit.ru/article/2010/03/11/lankov/>, last accessed May 8, 2012. 8. “China's Hidden Debt Risks 2012 Crisis, Northwestern's Shih Says,” Bloomberg News, March 2, 2010, <http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aN94MF7BDx_A>, last accessed May 8, 2012. 9. Gordon Chang, “China's Looming Debt Disaster,” August 23, 2011, <http://www.thedailybeast.com/articles/2011/08/23/why-china-s-debt-problems-are-worse-than-america-s.html>, last accessed May 8, 2012. 10. “China Facing a Crisis,” presentation at an Institute of World Economy and International Relations (IMEMO, Russian Academy of Science) workshop on February 1, 2012, <http://www.imemo.ru/ru/conf/2012/01022012/Presentation_01022012_01.pdf>, last accessed May 8, 2012. 11. “China Facing a Crisis,” presentation at an Institute of World Economy and International Relations (IMEMO, Russian Academy of Science) workshop on February 1, 2012, <http://www.imemo.ru/ru/conf/2012/01022012/Presentation_01022012_01.pdf>, last accessed May 8, 2012. 12. China 2030: Building a Modern, Harmonious, and Creative High-Income Society, World Bank, 2012. 13. China 2030: Building a Modern, Harmonious, and Creative High-Income Society, World Bank, 2012. 14. “2012 Global R&D Funding Forecast,” Battelle (December 2011), pp. 28–29. 15. Anil K. Gupta and Wang Haiyan, “Chinese Innovation is a Paper Tiger,” Wall Street Journal, July 28, 2011, <http://online.wsj.com/article/SB10001424053111904800304576472034085730262.html>, last accessed July 13, 2012. 16. “Global High-value Patents, by Selected Region/Country: 2000–2008,” <http://www.nsf.gov/statistics/seind12/slides.htm>, last accessed May 8, 2012. 17. “Annual Energy Outlook 2012: Early Release Overview,” U.S. Energy Information Administration, p. 1. 18. “The Economic and Employment Contributions of Shale Gas in the United States,” IHS Global Insight, December 2011, p. 9. 19. Evgenia Korytina, “Oil at 3 Dollars a Barrel,” RBK Daily, November 1, 2010, <http://www.rbcdaily.ru/2010/11/01/tek/523807>, last accessed May 8, 2012. 20. John Dizard, “The True Cost of Shale Gas Production,” Financial Times, March 7, 2010, <http://www.ft.com/cms/s/0/e34f5282-2899-11df-a0b100144feabdc0.html#axzz1uZpCa3YS>, last accessed May 8, 201). 21. Nikolay Ivanov, “The Pipe of Our Worries”, Novaya Gazeta, May 4, 2012. 22. Timofey Krylov, “Development of the Russian Arctic Shelf is Inevitable. New Technologies Required To Make Production Economical,” Oil and Gas Eurasia, No. 4 (April 2011), <http://www.oilandgaseurasia.ru/articles/p/139/article/1480/>, last accessed May 8, 2012. 23. Lilia Shevtsova, “Pretend Modernization: Medvedev-led Russia has Wasted Four Years,” Gazeta, May 4, 2012, <http://www.gazeta.ru/comments/2012/05/03_x_4570813.shtml>, last accessed May 8, 2012. 24. Viktor Yesin and Evgeny Savostyanov, “European Missile Defense Without Myths or Politics,” Nezavisimoye Voennoye Obozreniye, April 13, 2012, <http://nvo.ng.ru/armament/2012-04-13/1_pro.html?mpril>, last accessed May 8, 2012. 25. “General Staff Does Not Rule Out the Possibility of Launching a Pre-emptive Strike against the European Missile Defense System,” RIA Novosti, May 3, 2012, <http://www.ria.ru/defense_safety/20120503/640042925.html>, last accessed May 8, 2012.
Read full abstract