Several new social movements found their expression in the Argentinian political and economic crisis of 2001, termed the ‘Argentinazo’. The event consisted of a popular revolt in which people took to the streets armed with pots and pans to express their dismay of the establishment. However, just a few years later their legacy was being questioned.

This essay focusses on the Russian energy sector and the Energy Charter Treaty (ECT). These issues reflect Russia’s struggle with liberalization, necessary for increasing revenues and sustaining economic growth. The analysis demonstrates that Russia takes its internal security seriously in word and deed but challenges to economic stability remain.