It takes 7-10 years for the local situation to make it to the western collective mind.
One of my recent clients developed his business plans on the assumption that Russia is a liberal inexpensive place with lots of underutilized and accessible natural resource. Fortunately for him he hired me, and I succeeded communicate undiluted and uninterpreted slice of life to him. So it all ended well: I was busy for a couple of months, and the gentlemen may have saved himself from a huge expense and significant disappointment.
All three of his assumptions may have been true 15-20 years ago but certainly not now.
Adding this to Categories > Background reading.