Vladimir Putin |
Since the term limits constitutional mandate, Putin was ineligible to run for a third consecutive presidential term. After the victory of his successor, Dmitry Medvedev, the presidential elections in 2008, Putin named Medvedev as Russian Prime Minister Vladimir Putin took place May 8, 2008.
Putin is credited with restoring political stability and the rule of law. During his presidency, the Russian economy recovered from the crisis, seeing GDP increase of 72% in PPP (six times in nominal terms), reducing poverty by more than 50% and the average monthly salary increased by $ $ 80 to 640.These achievements are attributed to good macroeconomic management, major reforms in fiscal policy and a confluence of high oil prices, rising capital flows and low-cost access to external finance and have been described as impressive by analysts.
During his presidency, Putin signed a series of fundamental reforms, including an income tax of 13%, a reduction of income tax and the new land and legal codes. At the same time, his conduct in office has been questioned by domestic political opposition, foreign governments and human rights organizations for his strong Russian military leadership to direct the second Chechen war for registration violations of human rights and freedoms as silent force opponents (eg, Mikhail Khodorkovsky) and his alleged intimidation of the former Soviet republics.
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