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An in-depth, authoritative, and timely look at the unprecedented economic war the US and its European allies are waging against Russia after Putin’s invasion of Ukraine—written by a veteran journalist with unparalleled access to Western and Russian sources. Undeterred by eight years of timid US sanctions, Vladimir Putin ordered his full-scale assault on Ukraine on February 24, 2022. In the hours that followed across the world, Western leaders weaponized economic tools to counter an unprecedented land grab by a nuclear-armed power. What followed was an undeniably world-changing financial experiment that risked throwing the world into a devastating recession. The end goal was simple: to sap the strength of Putin’s war machine and damage the Russian economy—once the eleventh largest on the planet. Here, Russian expert and veteran journalist Stephanie Baker explains in fascinating detail how this furious shadow-war unfolded: its causes, how it is being executed, and its ability to affect Russia and the course of history. From seizing superyachts to manipulating the global price of oil to trying to block the sale of military technology to Russia, we learn how the White House coordinated with top officials in London and Brussels to freeze a staggering $300 billion in foreign currency reserves accumulated in the West by Russia’s central bank. Mobilizing an army of white collar-crime investigators and experts on international law, Baker explores how the West has cracked down on illicit Russian money by targeting oligarchs, one superyacht at a time, and their enablers around the world. Filled with propulsive, fly-on-the-wall details, Punishing Putin takes us into the frantic backroom deliberations that led to a whole new era of carefully calculated “economic statecraft” and shows how these new strategies are already radically rearranging global alliances that will influence the world order today, and for generations to come.
When the United States invaded Iraq, President Bush made it clear: the U.S. was not fighting the Iraqi people. Rather, all quarrels were solely with Iraq's leadership. This kind of assertion remains frequent in foreign affairs--sanctions or military actions are imposed on a nation not because of its people, but because of its misguided leaders. Although the distinction might seem pedantic since the people suffer regardless, Punishing the Prince reveals how targeting individual leaders for punishment rather than the nations they represent creates incentives for cooperation between nations and leaves room for future relations with pariah states. Punishing the Prince demonstrates that theories of leader punishment explain a great deal about international behavior and interstate relations. The book examines the impact that domestic political institutions have on whether citizens hold their leaders accountable for international commitments and shows that the degrees to which citizens are able to remove leaders shape the dynamics of interstate relations and leader turnover. Through analyses of sovereign debt, international trade, sanctions, and crisis bargaining, Fiona McGillivray and Alastair Smith also uncover striking differences in patterns of relations between democratic and autocratic states. Bringing together a vast body of information, Punishing the Prince offers new ways of thinking about international relations.
Two experts dissect the personality of top Russian political figure Vladamir Putin, delineating the different faces he wears depending on the situation with which he is confronted.
Darryl Cunningham (Billionaires) returns with the riveting life story of Vladimir Putin, Russia’s infamous autocrat. He traces Putin’s development from schoolyard thug in Soviet-era Leningrad, to KGB officer, to corrupt commodities dealer, all the way to his presidency and beyond. In this educational and frank biography, Putin’s journey is characterized by shifting loyalties, brutal treatment of detractors, and lawless financial dealings. Despite all of this, Putin has retained public support and tremendous importance in Russian society, due to his ever-tightening control over the media and harsh muzzling of critics. Born in 1952, Putin grew up idealizing the KGB, and he became a member of its ranks by early adulthood. Cunningham posits that the speed with which Putin advanced politically was a reflection of the KGB’s need to cement their control of the Russian political system after the dissolution of the Soviet Union in 1991. Since Boris Yeltsin appointed him to the presidency in 2000, Putin has annexed Crimea, rolled back democratic reforms, and led a life of luxury, all the while fostering a cult of personality. In Putin's Russia, Cunningham situates the contentious leader in an analytical framework that is at times hilarious and always compelling.
Short-listed for the Pushkin House Russian Book Prize More than twenty years ago, the NPR correspondent Anne Garrels first visited Chelyabinsk, a gritty military-industrial center a thousand miles east of Moscow. The longtime home of the Soviet nuclear program, the Chelyabinsk region contained beautiful lakes, shuttered factories, mysterious closed cities, and some of the most polluted places on earth. Garrels’s goal was to chart the aftershocks of the U.S.S.R.’s collapse by traveling to Russia’s heartland. Returning again and again, Garrels found that the area’s new freedoms and opportunities were exciting but also traumatic. As the economic collapse of the early 1990s abated, the city of Chelyabinsk became richer and more cosmopolitan, even as official corruption and intolerance for minorities grew more entrenched. Sushi restaurants proliferated; so did shakedowns. In the neighboring countryside, villages crumbled into the ground. Far from the glitz of Moscow, the people of Chelyabinsk were working out their country’s destiny, person by person. In Putin Country, Garrels crafts an intimate portrait of Middle Russia. We meet upwardly mobile professionals, impassioned activists who champion the rights of orphans and disabled children, and ostentatious mafiosi. We discover surprising subcultures, such as a vibrant underground gay community and a circle of determined Protestant evangelicals. And we watch doctors and teachers trying to cope with inescapable payoffs and institutionalized negligence. As Vladimir Putin tightens his grip on power and war in Ukraine leads to Western sanctions and a lower standard of living, the local population mingles belligerent nationalism with a deep ambivalence about their country’s direction. Through it all, Garrels sympathetically charts an ongoing identity crisis. In the aftermath of the Soviet Union, what is Russia? What kind of pride and cohesion can it offer? Drawing on close friendships sustained over many years, Garrels explains why Putin commands the loyalty of so many Russians, even those who decry the abuses of power they regularly encounter. Correcting the misconceptions of Putin’s supporters and critics alike, Garrels’s portrait of Russia’s silent majority is both essential and engaging reading at a time when cold war tensions are resurgent.
How should the West deal with Putin’s Russia? For the U.S. and some European powers the answer is obvious: isolate Russia with punishing economic sanctions, remove it from global institutions such as the G8, and arm the nations directly threatened by Putin. In short, return to the Cold War doctrine that froze Soviet aggression in Europe and helped bring about the collapse of communist Russia. Others argue that such a policy is a dead end. Putin’s Russia has legitimate grievances against Western and NATO powers meddling in its sphere of influence. Instead of further antagonizing Putin and risking a dangerous escalation of the current conflict, the U.S. and Europe should seek common cause with Russia to address shared threats, from the Middle East to Asia to combatting terrorism. In the fifteenth semi-annual Munk Debate, acclaimed academic Stephen F. Cohen and veteran journalist and bestselling author Vladimir Poznar square off against internationally renowned expert on Russian history Anne Applebaum and Russian-born political dissident Garry Kasparov to debate the future of the West’s relationship with Russia.
Vladimir Putin's war against Ukraine has cost hundreds of thousands of lives and is fundamentally an attack on democracy. Under international law, the invasion of a United Nations member state which poses no imminent threat to the invader amounts to the serious crime of aggression. But can Putin be prosecuted? And if so, will he ever be held to account? This remarkable book, by one of the world's most celebrated human rights lawyers, shows how the Nuremberg trials of Nazi leaders validate the prosecution of Putin. Ironically, Putin's defence hinges on a doctrine invented by George W. Bush to justify his invasion of Iraq, which Geoffrey Robertson exposes as contravening international law. If Putin fails to attend court, Robertson argues that he could be tried fairly in his absence, ensuring a verdict that will give pause to China and other countries which look to destroy democracy. This brilliant deep dive into international law offers a unique perspective on an unjust war, highlighting why democracy is not safe unless Putin can be put – at least metaphorically – behind bars.
Examining Russia–EU relations in terms of the forms and types of power tools they use, this book argues that the deteriorating relations between Russia and the EU lie in the deep differences in their preferences for the international status quo. These different approaches, combined with economic interdependence and geographic proximity, means both parties experience significant difficulties in shaping strategy and formulating agendas with regards to each other. The Russian leadership is well aware of the EU’s "authority orientation" but fails to reliably predict foreign policy at the EU level, whilst the EU realizes Russia’s "coercive orientation" in general, but cannot predict when and where coercive tools will be used next. Russia is gradually realizing the importance of authority, while the EU sees the necessity of coercion tools for coping with certain challenges. The learning process is ongoing but the basic distinction remains unchanged and so their approaches cannot be reconciled as long as both actors exist in their current form. Using a theoretical framework and case studies including Belarus, Georgia and Ukraine, Busygina examines the possibilities and constraints that arise when the "power of authority" and the "power of coercion" interact with each other, and how this interaction affects third parties.
The Russian protests, sparked by the 2011 Duma election, have been widely portrayed as a colourful but inconsequential middle-class rebellion, confined to Moscow and organized by an unpopular opposition. In this sweeping new account of the protests, Mischa Gabowitsch challenges these journalistic clichés, showing that they stem from wishful thinking and media bias rather than from accurate empirical analysis. Drawing on a rich body of material, he analyses the biggest wave of demonstrations since the end of the Soviet Union, situating them in the context of protest and social movements across Russia as a whole. He also explores the legacy of the protests in the new era after Ukraines much larger Maidan protests, the crises in Crimea and the Donbass, and Putins ultra-conservative turn. As the first full-length study of the Russian protests, this book will be of great value to students and scholars of Russia and to anyone interested in contemporary social movements and political protest.
Eight years after annexing Crimea, Russia embarked on a full-scale invasion of Ukraine in February 2022. Vladimir Putin viewed this attack on a neighbour as a legacy-defining mission, which sought to restore a central element of Russia’s sphere of influence and undo Ukraine’s surprisingly resilient democratic experiment. These aspirations were swiftly eviscerated, as the conflict degenerated into a bloody war of attrition and the Russian economy crumbled under the weight of sanctions. This book argues that Putin’s desire to unite Russians around a common set of principles and consolidate his personal brand of authoritarianism prompted him to pursue a policy of global counter-revolution; it was this which inspired Russia’s military interventions in Crimea, Donbas and Syria, later steering Putin to war against Kyiv. Samuel Ramani explores why Putin opted for all-out regime change in Ukraine, rather than a smaller-scale intervention in Donbas, and considers the impact on his own regime’s legitimacy. This focus on the domestic drivers of invasion contrasts with alternative theories that highlight systemic factors, such as preventing NATO expansion. Ramani concludes by assessing the invasion’s implications for Russia’s long-term political and foreign policy trajectory, and how the international response to the conflict will reshape the global order.