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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
In an effort to crush the syndicate movement and establish tight political control over the economy, Stalinist leaders intervened with a program of radical reforms. Shearer demonstrates that many professional engineers, planners, and industrial administrators actively supported the creation of a powerful industrial state unhampered by domestic social and economic constraints.
An authoritative history of Russia from early Rus' to the reign of Peter the Great.
In 1929-30, the 'spinal year' of the first five-year plan, a vast investment programme began the transformation of the Soviet Union from a peasant country into a great industrial power. This book, the third part of The Industrialisation of Soviet Russia, re-examines the breakdown of the mixed economy. In those days of heroism and enthusiasm, hunger and repression, crucial Soviet economic and political institutions were established, and are only now being effectively challenged by Gorbachev's revolution. While complementing the previous two volumes of this author's work, the book is designed to be read independently. It sheds new light on a dramatic moment in Soviet history and in the formation of the Soviet system.
Based on the 2017 conference "'New Reality' and Russian Markets" held at Harvard University, this book brings together world-renowned thinkers to offer the latest empirical research on recent financial risks, institutional policies, and financial stability.
While the capitalist world was experiencing The Crash and the beginnings of the Depression, a massive investment program initiated the Soviet Union's transformation from a peasant country to an industrial power. Here is a nearly day-by-day account of the establishment of political institutions only now being challenged by Gorbachev's reforms. Complements the two previous volumes, but is designed to stand on its own. Well-printed (in China) on acidic paper. Annotation(c) 2003 Book News, Inc., Portland, OR (booknews.com)
By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreign exchange reserves in the world, behind only China and Japan. But while this impressive economic growth has raised the average standard of living and put a number of wealthy Russians on the Forbes billionaires list, it has failed to solve the country's deep economic and social problems inherited from the Soviet times. Russia continues to suffer from a distorted economic structure, with its low labor productivity, heavy reliance on natural resource extraction, low life expectancy, high income inequality, and weak institutions. While a voluminous amount of literature has studied various individual aspects of the Russian economy, in the West there has been no comprehensive and systematic analysis of the socialist legacies, the current state, and future prospects of the Russian economy gathered in one book. The Oxford Handbook of the Russian Economy fills this gap by offering a broad range of topics written by the best Western and Russian scholars of the Russian economy. While the book's focus is the current state of the Russian economy, the first part of the book also addresses the legacy of the Soviet command economy and offers an analysis of institutional aspects of Russia's economic development over the last decade. The second part covers the most important sectors of the economy. The third part examines the economic challenges created by the gigantic magnitude of regional, geographic, ethnic, religious and linguistic diversity of Russia. The fourth part covers various social issues, including health, education, and demographic challenges. It will also examine broad policy challenges, including the tax system, rule of law, as well as corruption and the underground economy. Michael Alexeev and Shlomo Weber provide for the first time in one volume a complete, well-rounded, and essential look at the complex, emerging Russian economy.
WINNER OF THE 2017 NATIONAL BOOK AWARD IN NONFICTION FINALIST FOR THE NATIONAL BOOK CRITICS CIRCLE AWARDS WINNER OF THE NEW YORK PUBLIC LIBRARY'S HELEN BERNSTEIN BOOK AWARD NAMED A BEST BOOK OF 2017 BY THE NEW YORK TIMES BOOK REVIEW, LOS ANGELES TIMES, WASHINGTON POST, BOSTON GLOBE, SEATTLE TIMES, CHRISTIAN SCIENCE MONITOR, NEWSWEEK, PASTE, and POP SUGAR The essential journalist and bestselling biographer of Vladimir Putin reveals how, in the space of a generation, Russia surrendered to a more virulent and invincible new strain of autocracy. Award-winning journalist Masha Gessen's understanding of the events and forces that have wracked Russia in recent times is unparalleled. In The Future Is History, Gessen follows the lives of four people born at what promised to be the dawn of democracy. Each of them came of age with unprecedented expectations, some as the children and grandchildren of the very architects of the new Russia, each with newfound aspirations of their own--as entrepreneurs, activists, thinkers, and writers, sexual and social beings. Gessen charts their paths against the machinations of the regime that would crush them all, and against the war it waged on understanding itself, which ensured the unobstructed reemergence of the old Soviet order in the form of today's terrifying and seemingly unstoppable mafia state. Powerful and urgent, The Future Is History is a cautionary tale for our time and for all time.
In this study of the Russian economy from 1600-1725, Richard Hellie offers a glimpse of the material life of the people of Muscovy during that tumultuous period - how they lived, what they ate, how they were taxed, what their wages allowed them to enjoy. The Economy and Material Culture of Russia, 1600-1725 will be an invaluable resource and reference work for all readers interested in economic history and the history of material culture.
This book provides an economic historian's perspective on major questions that confront all students of Russian history: how stable were the economic and administrative structures of late-imperial Russia, and how well prepared was Russia for war in 1914? The decade following the Russo-Japanese War witnessed profound changes in the political system and in the industrial economy. The regime faced challenges to its authority from industrialists, caught in the throes of recession, and from parliamentary critics of tsarist administration. Peter Gatrell provides a comprehensive account of the attempts made by government and business to confront these challenges, examining the organisation and performance of a key industry and showing how decisions were reached about the allocation of resources, and the far-reaching consequences these decisions entailed.