Party of Growth

Party of Growth is a liberal-conservative political party in Russia with representatives in several local legislatures. Created in March 2016 on the basis of the Right Cause party, the party's main policy stances are liberal free market economy, democracy and protecting the rights of the middle class. The party has been led by Boris Titov since its founding. The party is a member of the pro-Putin All-Russia People's Front.' History Creation Right Cause was founded in November 2008 as a merger of three parties: Union of Right Forces (SPS), Civilian Power and Democratic Party of Russia. SPS and Civilian Power were both regarded as liberal parties, supporting free market reforms, protection of private property and a decentralized federal government. The Democratic Party also supported liberal values, but its programme was more conservative and nationalistic. By 2008, the three parties were all in a state of decline. While SPS had achieved 8.7% of votes in the 1999 Duma election, in the 2007 election it only received 0.96%. Support for the Democratic Party (0.13%) and Civilian Power (1.05%) in the 2007 election was also low. SPS—highly critical of Vladimir Putin and United Russia in its 2007 election campaign—was losing voters because Putin had adopted many of the market reforms championed by SPS, and also because companies started to withdraw their financial support from the party. With falling support and votes being lost to United Russia, the three parties, among others, considered mergers in order to survive. The decision to initiate the merger was made in October 2008, and in November the unification was completed. The new party, called Right Cause, was officially registered on 18 February 2009. The party's creation was supported by the presidential administration of Dmitry Medvedev. The merger was opposed by SPS founding member and former Deputy Prime Minister Boris Nemtsov, who believed the new party would not offer true political opposition, while another SPS founding member Anatoly Chubais, widely considered architect of Russia's privatization programme, voiced strong support for the merger, saying that "a political party is one that participates in elections with chances to win."