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In fact the changes perceived in the structure of the various political elite groups in this region which was stimulated by the changes brought in by democracy, did not essentially lead to the renewal of the political elite, primarily in the nature and manner of their conscription and commissioning. The fragile nature of the democratic institutions were revealed when the actors in the new political order that came into power during the first democratic elections, instead of aiming at creating a better socio-economic future for their respective countries, used the new positions for amassing personal wealth and strengthening their personal power.
The result of the plans adopted for orienting all governmental organizations towards a system of Presidential domination that would democratically control the executive, legislative and judiciary, failed. In its place, there was the rapid emergence of a group of hybrid political elites, where the authoritarian power was well in vogue, albeit behind the facade of democratic institutions. . Other international and regional bodies that provide corruption survey figures based on perceptions and experience in this sub-region, present a very analogous picture that portrays a ‘systemic’ form of corruption, having disastrous effects on the lives of the common citizens of these states.
A study of these reports make it very clear that the political elites of these regions are creating a hindrance in the developmental strategy of these regions, and in order to initiate growth and development in the CIS countries one must make a thorough study of the elites that run these countries. One must take heed of their perception of national development and personal power, and also comprehend how the elites analyze the role of various international development bodies like ‘The European Bank of Reconstruction and Development’ (EBRD).
The research project primarily aims to study these issues in order to identify in which CIS countries the political elites are determined to act in a manner that has positive economic and social implications, and thereby aiming to create a favourable climate for investments. Objectives The target of this research paper is to propose various recommendations that are based on strong and logical evidences, for the increase in the EBRD’s investments within the CIS countries. Since this international developmental body is supporting a research project and providing ?
5 million for investigating the role of political elites in the development of CIS countries, it necessary for the researcher to study in detail the various notions and ideals practiced by the ruling political elites that are mainly responsible
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