This volume seeks to fill the vacuum created by the Joint Economic Committee of Congress's decision to cease publishing comprehensive assessments of Russia's performance and potential. It provides readers with authoritative descriptions of Russia's economy, military prowess and international ambitions. The volume does not settle controversies, but does provide readers with an objective basis for assessing Russia's prospects without the distortions caused by fake news and disinformation wars.
"This volume seeks to fill the vacuum created by the Joint Economic Committee of Congress's decision to cease publishing comprehensive assessments of Russia's performance and potential. It provides readers with authoritative descriptions of Russia's economy, military prowess and international ambitions. The volume does not settle controversies, but does provide readers with an objective basis for assessing Russia's prospects without the distortions caused by fake news and disinformation wars"--Publisher's website.
This book presents a comprehensive view of the state of the Russian economy under President Putin. It considers the extent of Russia’s integration in the world economy, where Russia’s exports of oil and gas are a key factor, discusses Russia’s internal challenges, including changing demographics, declining government revenue, the need to counter over-reliance on the oil and gas sector and the consequences of high military spending, and assesses the prospects for economic reform, highlighting especially the power struggles between different vested interests. Overall, the book provides a basis for understanding what has been going on in the Russian economy under President Putin and what the future may look like given the external environment, internal challenges and reform processes.
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.
Attempts by Washington and Brussels to push Russia to the fringes of global politics because of the Ukrainian crisis seem to have failed. Thanks to its important role in mediating the Iranian nuclear agreement, and to its unexpected military intervention in Syria, Moscow proved once again to be a key player in international politics. However, Russia’s recovered assertiveness may represents a challenge to the uncertain leadership of the West. This report aims to gauging Russia’s current role in the light of recent developments on the international stage. The overall Russian foreign policy strategy is examined by taking into account its most important issues: Ukraine and the relationship with the West; the Middle East (intervention in Syria, and ongoing relations with Turkey, Iran and Saudi Arabia); the development of the Eurasian Economic Union; the Russian pivot towards Asia, and China in particular. The volume also analyzes if and to what extent Moscow can fulfill its ambitions in a context of falling oil prices and international sanctions.
The authors argue that Vladimir Putin and his advisors are committed to re-establishing Russia as a great power and that the existence of nuclear weapons and the revival of the Russian economy have provided the foundations for an expanded Russian role in global affairs.
Since its independence in 1991, Russia has struggled with the growing pains of defining its role in international politics. After Vladimir Putin ascended to power in 2000, the country undertook grandiose foreign policy projects in an attempt to delineate its place among the world’s superpowers. With this in mind, Robert Nalbandov examines the milestones of Russia’s international relations since the turn of the twenty-first century. He focuses on the specific goals, engagement practices, and tools used by Putin’s administration to promote Russia’s vital national and strategic interests in specific geographic locations. His findings illuminate Putin’s foreign policy objective of reinstituting Russian global strategic dominance. Nalbandov argues that identity-based politics have dominated Putin’s tenure and that Russia’s east/west split is reflected in Asian-European politics. Nalbandov’s analysis shows that unchecked domestic power, an almost exclusive application of hard power, and determined ambition for unabridged global influence and a defined place as a world superpower are the keys to Putin’s Russia.
Now in a thoroughly revised, expanded, and updated edition, this classic text provides an authoritative and current analysis of contemporary Russia. Leading scholars explore the daunting domestic and international problems Russia confronts, considering a comprehensive array of economic, political, foreign policy, and social issues.
Russian President Vladimir Putin has implemented a set of policies toward his neighbors intended to help him re-establish his country's status as a major world power. These have included dominating, as far as possible, the independent states that once were part of the USSR and preventing further NATO encroachment on Russia's borders. He has also sought a pragmatic partnership with China to help bolster the Russian economy in the face of Western sanctions and declining revenues from oil and gas. This book argues that Putin's efforts have been largely, although not entirely, successful. Inthe future, however, the weakness of the Russian economy as compared to China's may pose a threat to Moscow's ability to maintain a Russian sphere of influence in its own neighborhood.
This book constitutes an up-to-date treatment of Russia’s economic development and economic policies since 2000, when Vladimir Putin became the President of Russia. After the slow decline and sudden collapse of the Soviet Union, Russia embarked upon a multi-faceted change. This included transition from central management to a market economy, from one-party rule to democracy, from multi-national empire to nation state, and from relative autarchy to opening up to the European and global communities. This book concentrates on economic change, exploring how in spite of steep production decline, widening welfare differentials and increasing social uncertainty, the 1990s also created many of the institutional and policy preconditions for a functioning market economy.
