Russia's Economy of Favours

Russia's Economy of Favours

Author: Alena V. Ledeneva

Publisher: Cambridge University Press

Published: 1998-08-06

Total Pages: 154

ISBN-13: 9780521627436

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The word blat refers to the system of informal contacts and personal networks which was used to obtain goods and services under the rationing which characterised Soviet Russia. Alena Ledeneva's book is the first to analyse blat in all its historical, socio-economic and cultural aspects, and to explore its implications for post-Soviet society. In a socialist distribution system which resulted in constant shortages, blat developed into an 'economy of favours' which shadowed an overcontrolling centre and represented the reaction of ordinary people to the social constraints they faced. In social and economic terms, blat exchanges became vital to the population, and to the functioning of the Soviet system. The book shows that the nature of the economic and political changes in contemporary Russia cannot be properly understood without attention to the powerful legacy of the blat economy.


Russia's Crony Capitalism

Russia's Crony Capitalism

Author: Anders Aslund

Publisher: Yale University Press

Published: 2019-05-23

Total Pages: 336

ISBN-13: 030024486X

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A penetrating look into the extreme plutocracy Vladimir Putin has created and its implications for Russia’s future This insightful study explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from the KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism. Much of this wealth has been hidden in offshore havens in the United States and the United Kingdom, where companies with anonymous owners and black money transfers are allowed to thrive. Though beneficial to a select few, this system has left Russia’s economy in untenable stagnation, which Putin has tried to mask through military might.


Networks in the Russian Market Economy

Networks in the Russian Market Economy

Author: M. Lonkila

Publisher: Springer

Published: 2010-11-17

Total Pages: 176

ISBN-13: 0230294936

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A PDF version of this book is available for free in open access via the OAPEN Library platform, www.oapen.org. This book examines the significance of networks among the firms operative in the contemporary Russian software industry in the St. Petersburg region.


The Russian Economy: A Very Short Introduction

The Russian Economy: A Very Short Introduction

Author: Richard Connolly

Publisher: Oxford University Press

Published: 2020-07-23

Total Pages: 153

ISBN-13: 0192588540

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Russia today is as prominent in international affairs as it was at the height of the Cold War. Yet the role that the economy plays in supporting Russia's position as a 'great power' on the international stage is poorly understood. For many, Russia's political influence far exceeds its weight in the global economy. However, Russia is one of the largest economies in the world; it is not only one of the world's most important exporters of oil and gas, but also of other natural resources, such as diamonds and gold. Its status as one of the largest wheat and grain exporters shapes commodity prices across the globe, while Russia's enormous arms industry, second only to the United States, provides it with the means to pursue an increasingly assertive foreign policy. All this means that Russia's economy is crucial in serving the country's political objectives, both within Russia and across the world. Russia today has a distinctly political type of economy that is neither the planned economy of the Soviet era, nor a market-based economy of the Euro-Atlantic variety. Instead, its economic system is characterised by a unique blend of state and market; control and freedom; and natural resources alongside human ingenuity. The Russian Economy: A Very Short Introduction introduces readers to the dimensions of the Russian economy that are often ignored by the media and public figures, or exaggerated and misunderstood. In doing so, it shows how Russia's economy is one of global significance, and helps explain why many of Russia's enduring features, such as the heavy hand of the state and the emphasis on military-industrial production, have persisted despite the immense changes that took place after the disintegration of the Soviet Union in 1991. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.


Russia's Virtual Economy

Russia's Virtual Economy

Author: Clifford G. Gaddy

Publisher: Brookings Institution Press

Published: 2002

Total Pages: 322

ISBN-13: 9780815731115

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Clifford Gaddy's and Barry Ickes' thesis-- that Russia's economy is based on illusion or pretense about nearly every important economic yardstick, including prices, sales, wages and budgets-- has forced broad recognition of the inadequacies of the intended market reform policies in Russia and provided a coherent framework for understanding how and why so much of Russia's economy has resisted reform.


The Oxford Handbook of the Russian Economy

The Oxford Handbook of the Russian Economy

Author: Michael Alexeev

Publisher: Oxford University Press

Published: 2013-07-18

Total Pages: 864

ISBN-13: 0199759928

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This Handbook is the most comprehensive up-to-date study of the Russian economy available. Russian and western authors analyze the current economic situation, trace the impact of Soviet legacies and of post-Soviet transition policies, examine the main social challenges, and propose directions for reforms.


The Palgrave Handbook of Digital Russia Studies

The Palgrave Handbook of Digital Russia Studies

Author: Daria Gritsenko

Publisher: Palgrave MacMillan

Published: 2021-03-27

Total Pages: 640

ISBN-13: 9783030428570

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This open access handbook presents a multidisciplinary and multifaceted perspective on how the 'digital' is simultaneously changing Russia and the research methods scholars use to study Russia. It provides a critical update on how Russian society, politics, economy, and culture are reconfigured in the context of ubiquitous connectivity and accounts for the political and societal responses to digitalization. In addition, it answers practical and methodological questions in handling Russian data and a wide array of digital methods. The volume makes a timely intervention in our understanding of the changing field of Russian Studies and is an essential guide for scholars, advanced undergraduate and graduate students studying Russia today.


Economic Policy Making and Business Culture

Economic Policy Making and Business Culture

Author: David A. Dyker

Publisher: World Scientific

Published: 2012

Total Pages: 332

ISBN-13: 1848167822

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This book addresses one of the fundamental problems in Russian society, and in Russia's relations with the rest of the world. Why do Russians tend to react differently from ?us? in given diplomatic or business situations? Why do they find the notion of a contract difficult to grasp? Why do they seem hostile to the principle of the level playing field? How do they see Russia's position within the globalised economy? In order to probe these issues, the author begins with a historical analysis, looking at the pattern of political and economic development since Tsarist times, always asking the questions: What is unique to Russia in all this, and which unique features tend to recur in different periods? In seeking to illuminate the interface between Russia and the world, the author also examines Russia's attitude to itself, and to its own resources ? natural and human ? to land as an agricultural resource, and later oil and gas; and to people ? as cheap labour and as highly trained scientific personnel. This book is firmly based on scholarly sources, in English, French and Russian, but aims to go beyond the academic audience to address the concerns of people encountering Russians and Russian organizations in their everyday lives.


The Russian Economy and Foreign Direct Investment

The Russian Economy and Foreign Direct Investment

Author: Kari Liuhto

Publisher: Taylor & Francis

Published: 2016-11-10

Total Pages: 297

ISBN-13: 1317309049

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Before the recent Ukrainian crisis, Russia was one of the main sources of foreign direct investment (FDI) outflow and one of the main targets of FDI inflow in the world. However, the events in the Ukraine, the formation of the Eurasian Economic Union, and China’s growing interest in the Russian market and its natural resources have changed the picture completely. This new book brings together an international group of contributors to present a timely and comprehensive analysis of FDI to and from Russia. The book assesses the impact of the changed international political situation on foreign firms operating in Russia, and explores how the new world context has affected Russian investments abroad. The book also considers the future relationship between Russian corporations and the EU and the USA in light of recent events. This book answers an array of key questions including: how have investments from and to Russia developed in the last 100 years; how are Russian businesses spreading to foreign countries through their indirect investments; and how is the Russian Government influencing the investments of Russian businesses abroad? This volume is of great interest to those who study international economics, modern world economy, and FDI, as well as those interested in international investment movements and the changing role of Russia in international business and the global economy.