Tiny market, huge sentiment drive and lack of professional traders/investors.
Russia-wise: nothing wrong with choosing a strong rule, just choose a strong ruler to fit. If no such to be found it is better to make do with uselessly bickering politicians (‘western-style’ democracy) – the more they squabble and less interfere in your life – the better. Well, at least you, guys, get your electricity cheap.
On the subject: There is a brilliant bbc radio 4 series called ‘Russia, the wild east’. Useful to listen to even for Russians themselves.