The Rise and Fall of Privatization in the Russian Oil Industry PDF Download
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Author: L. Sim
Publisher: Springer
ISBN: 023059476X
Category : Political Science
Languages : en
Pages : 227
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Book Description
A study of the actors and institutions that shaped decision-making on privatization in the Russian oil industry between 1992 and 2006. The book analyses the origins of privatization as a policy on a macro, industry-wide level, as well as presenting three in-depth case studies of privatization on a company level.
Author: L. Sim
Publisher: Springer
ISBN: 023059476X
Category : Political Science
Languages : en
Pages : 227
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Book Description
A study of the actors and institutions that shaped decision-making on privatization in the Russian oil industry between 1992 and 2006. The book analyses the origins of privatization as a policy on a macro, industry-wide level, as well as presenting three in-depth case studies of privatization on a company level.
Author: Marshall I. Goldman
Publisher: Routledge
ISBN: 1134376847
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
In 1991, a small group of Russians emerged from the collapse of the Soviet Union and enjoyed one of the greatest transfers of wealth ever seen, claiming ownership of some of the most valuable petroleum, natural gas and metal deposits in the world. By 1997, five of those individuals were on Forbes Magazine's list of the world's richest billionaires.
Author: Maxim Boycko
Publisher: MIT Press
ISBN: 9780262522281
Category : Business & Economics
Languages : en
Pages : 180
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Book Description
Privatizing Russia offers an inside look at one of the most remarkable reforms in recent history. Having started on the back burner of Russian politics in the fall of 1991, mass privatization was completed on July 1, 1994, with two thirds of the Russian industry privately owned, a rapidly rising stock market, and 40 million Russians owning company shares. The authors, all key participants in the reform effort, describe the events and the ideas driving privatization. They argue that successful reformers must recognize privatization as a process of depoliticizing firms in the face of massive opposition: making the firm responsive to market rather than political influences. The authors first review the economic theory of property rights, identifying the political influence on firms as the fundamental failure of property rights under socialism. They detail the process of coalition building and compromise that ultmately shaped privatization. The main elements of the Russian program -- corporatization, voucher use, and voucher auctions -- are described, as is the responsiveness of privatized firms to outside investors. Finally, the market values of privatized assets are assessed for indications of how much progress the country has made toward reforming its economy. In many respects, privatization has been a great success. Market concepts of property ownership and corporate management are shaking up Russian firms at a breathtaking pace, creating powerful economic and political stimuli for continuation of market reforms. At the same time, the authors caution, the political landscape remains treacherous as old-line politicians reluctantly cede their property rights and authority over firms.
Author: Fiona Hill
Publisher:
ISBN: 9781903558386
Category : Gas industry
Languages : en
Pages : 64
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Book Description
Author: Thane Gustafson
Publisher: Belknap Press
ISBN: 0674066472
Category : History
Languages : en
Pages : 673
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Book Description
A Foreign Affairs Best Book of the Year on Eastern Europe and the Former Soviet Republics The Russian oil industry—which vies with Saudi Arabia as the world’s largest producer and exporter of oil, providing nearly 12 percent of the global supply—is facing mounting problems that could send shock waves through the Russian economy and worldwide. Wheel of Fortune provides an authoritative account of this vital industry from the last years of communism to its uncertain future. Tracking the interdependence among Russia’s oil industry, politics, and economy, Thane Gustafson shows how the stakes extend beyond international energy security to include the potential threat of a destabilized Russia. “Few have studied the Russian oil and gas industry longer or with a broader political perspective than Gustafson. The result is this superb book, which is not merely a fascinating, subtle history of the industry since the Soviet Union’s collapse but also the single most revealing work on Russian politics and economics published in the last several years.” —Robert Legvold, Foreign Affairs “The history of Russia’s oil industry since the collapse of communism is the history of the country itself. There can be few better guides to this terrain than Thane Gustafson.” —Neil Buckley, Financial Times
Author: Richard Connolly
Publisher: Cambridge University Press
ISBN: 1108415024
Category : Business & Economics
Languages : en
Pages : 245
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Book Description
The first in-depth scholarly analysis of the effects of Western sanctions, and Russia's response on the Russian economy.
Author: Neil Robinson
Publisher: Rowman & Littlefield Publishers
ISBN: 1442210761
Category : Political Science
Languages : en
Pages : 241
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Book Description
This timely book explores Russia’s political development since the collapse of the USSR and how inextricably it has been bound up with economic change. Tracing the evolution of Russia’s political economy, leading scholars consider how it may continue to develop going forward. They assess the historical legacies of the Soviet period, showing how—despite policies implemented after the USSR dissolved in 1991—there are ongoing bitter battles over property and state revenues, over land, and over welfare. The book puts these domestic issues in international and comparative perspective by considering Russia’s position in the global economy and its growing role as a major energy producer. Focusing especially on the nature and future of Russian capitalism, the contributors weigh the political problems that confront Russia in its ongoing struggle to modernize and develop its economy. Contributions by: Andrew Barnes, Paul T. Christensen, Linda J. Cook, Gerald M. Easter, Neil Robinson, Richard Sakwa, and Stephen K. Wegren.
Author: Thane Gustafson
Publisher: Harvard University Press
ISBN: 0674068017
Category : History
Languages : en
Pages : 673
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Book Description
The world’s largest exporter of oil is facing mounting problems that could send shock waves through every major economy. Gustafson provides an authoritative account of the Russian oil industry from the last years of communism to its uncertain future. The stakes extend beyond global energy security to include the threat of a destabilized Russia.
Author: Richard Sakwa
Publisher: Cambridge University Press
ISBN: 1139494910
Category : Political Science
Languages : en
Pages : 417
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Book Description
The view that Russia has taken a decisive shift towards authoritarianism may be premature, but there is no doubt that its democracy is in crisis. In this original and dynamic analysis of the fundamental processes shaping contemporary Russian politics, Richard Sakwa applies a new model based on the concept of Russia as a dual state. Russia's constitutional state is challenged by an administrative regime that subverts the rule of law and genuine electoral competitiveness. This has created a situation of permanent stalemate: the country is unable to move towards genuine pluralist democracy but, equally, its shift towards full-scale authoritarianism is inhibited. Sakwa argues that the dual state could be transcended either by strengthening the democratic state or by the consolidation of the arbitrary power of the administrative system. The future of the country remains open.
Author: Susanne A. Wengle
Publisher: Cambridge University Press
ISBN: 1316195236
Category : Political Science
Languages : en
Pages : 311
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Book Description
Post-Soviet Power tells the story of the Russian electricity system and examines the politics of its transformation from a ministry to a market. Susanne A. Wengle shifts our focus away from what has been at the center of post-Soviet political economy - corruption and the lack of structural reforms - to draw attention to political struggles to establish a state with the ability to govern the economy. She highlights the importance of hands-on economic planning by authorities - post-Soviet developmentalism - and details the market mechanisms that have been created. This book argues that these observations urge us to think of economies and political authority as mutually constitutive, in Russia and beyond. Whereas political science often thinks of market arrangements resulting from political institutions, Russia's marketization demonstrates that political status is also produced by the market arrangements that actors create. Taking this reflexivity seriously suggests a view of economies and markets as constructed and contingent entities.
