1.

Record Nr.

UNINA9910793431303321

Autore

Aslund Anders

Titolo

Russia's Crony Capitalism : The Path from Market Economy to Kleptocracy

Pubbl/distr/stampa

New Haven, CT, : Yale University Press, 2019

ISBN

0-300-24486-X

Descrizione fisica

1 online resource (335 pages)

Altri autori (Persone)

ÅslundAnders

Disciplina

330.947

Soggetti

Capitalism - Russia (Federation)

Political corruption - Russia (Federation)

HISTORY / Modern / 21st Century

Kapitalisme

Korruption

Rusland

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

GOBI

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Frontmatter -- Contents -- List of Acronyms and Initialisms -- Introduction -- One. The Origins of Putin's Economic Model -- Two. Putin's Consolidation of Power -- Three. Conservative Fiscal and Monetary Policy -- Four. The Rise of State Capitalism -- Five. The Expansion of Crony Capitalism -- Six. How Large Is Russian Wealth, and Why Is It Held Offshore? -- Seven. From International Economic Integration to Deglobalization -- Eight. Liberalism versus Statism, or Reform versus Corruption? -- Conclusion: Where Is Russia Going, and What Should the West Do? -- Notes -- References -- Acknowledgments -- Index

Sommario/riassunto

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.