Examines the debacle of Russian reform, especially the emergence of oligarchs accused of using guile, intimidation and violence to reap riches. Explains Russia's problems and how they could have been avoided.
A political commentator discusses the rise and fall of Mikhail Gorbachev, revealing Gorbachev as a reluctant reformer, who did nothing to counter the nation's overindulgence of heavy industry.
Undaunted by the potholed road the Russians are traveling towards a market economy, Marshall Goldman here explains not only what has happened under Boris Yeltsin, but also what is likely to happen next in the most enigmatic nation in the world.
In the aftermath of the financial collapse of August 1998, it looked as if Russia's day as a superpower had come and gone. That it should recover and reassert itself after less than a decade is nothing short of an economic and political miracle. Based on extensive research, including several interviews with Vladimir Putin, this revealing book chronicles Russia's dramatic reemergence on the world stage, illuminating the key reason for its rebirth: the use of its ever-expanding energy wealth to reassert its traditional great power ambitions. In his deft, informative narrative, Marshall Goldman traces how this has come to be, and how Russia is using its oil-based power as a lever in world politics. The book provides an informative overview of oil in Russia, traces Vladimir Putin's determined effort to reign in the upstart oil oligarchs who had risen to power in the post-Soviet era, and describes Putin's efforts to renationalize and refashion Russia's industries into state companies and his vaunted "national champions" corporations like Gazprom, largely owned by the state, who do the bidding of the state. Goldman shows how Russia paid off its international debt and has gone on to accumulate the world's third largest holdings of foreign currency reserves--all by becoming the world's largest producer of petroleum and the world's second largest exporter. Today, Vladimir Putin and his cohort have stabilized the Russian economy and recentralized power in Moscow, and fossil fuels (oil and natural gas) have made it all possible. The story of oil and gas in Russia is a tale of discovery, intrigue, corruption, wealth, misguidance, greed, patronage, nepotism, and power. Marshall Goldman tells this story with panache, as only one of the world's leading authorities on Russia could.
The Enigma of Soviet Petroleum (1980) provides an analysis of the relevance of the Soviet planning system to oil production levels: why it is that planning has been the source of so many petroleum industry problems, and the nature of the measures that are being taken to overcome them. It looks at the demand for petroleum in the USSR, and the discovery of new Soviet oil fields to furnish this demand.
Undaunted by the potholed road the Russians are traveling towards a market economy, Marshall Goldman here explains not only what has happened under Boris Yeltsin, but also what is likely to happen next in the most enigmatic nation in the world.
A political commentator discusses the rise and fall of Mikhail Gorbachev, revealing Gorbachev as a reluctant reformer, who did nothing to counter the nation's overindulgence of heavy industry.
In 1991 a small group of Russians emerged from the collapse of the Soviet Union to claim ownership of some of the most valuable petroleum, natural gas, and metal deposits in the world. This resulted in one of the greatest transfers of wealth ever seen. By 1997, five of those individuals were on Forbes Magazine's list of the world's richest billionaires. These self-styled oligarchs were accused of using guile, intimidation, and occasionally violence to reap these rewards. Marshall I. Goldman argues against the line that the course adopted by President Yeltsin was the only one open to Russia, since an examination of the reform process in Poland shows that a more gradual and imaginative approach worked there with less corruption and a wider share of benefits. The Piratization of Russia is a book that is required reading for those with an interest in the debacle of Russian reform, from the interested lay-reader to students, academics, economists, and politicans who want to understand the problems facing Russia and how they could have been avoided.
In the aftermath of the financial collapse of August 1998, it looked as if Russia's day as a superpower had come and gone. That it should recover and reassert itself after less than a decade is nothing short of an economic and political miracle. Based on extensive research, including several interviews with Vladimir Putin, this revealing book chronicles Russia's dramatic reemergence on the world stage, illuminating the key reason for its rebirth: the use of its ever-expanding energy wealth to reassert its traditional great power ambitions. In his deft, informative narrative, Marshall Goldman traces how this has come to be, and how Russia is using its oil-based power as a lever in world politics. The book provides an informative overview of oil in Russia, traces Vladimir Putin's determined effort to reign in the upstart oil oligarchs who had risen to power in the post-Soviet era, and describes Putin's efforts to renationalize and refashion Russia's industries into state companies and his vaunted "national champions" corporations like Gazprom, largely owned by the state, who do the bidding of the state. Goldman shows how Russia paid off its international debt and has gone on to accumulate the world's third largest holdings of foreign currency reserves--all by becoming the world's largest producer of petroleum and the world's second largest exporter. Today, Vladimir Putin and his cohort have stabilized the Russian economy and recentralized power in Moscow, and fossil fuels (oil and natural gas) have made it all possible. The story of oil and gas in Russia is a tale of discovery, intrigue, corruption, wealth, misguidance, greed, patronage, nepotism, and power. Marshall Goldman tells this story with panache, as only one of the world's leading authorities on Russia could.
Provides information about Alfred Marshall's views on economic, social and political issues, his struggles to promote the teaching of economics at the University of Cambridge, and his relations with colleagues in Cambridge and elsewhere. This book helps students in understanding the development of economics and other social sciences.
A story of oil and gas, corruption and naked power, this book traces the rise of the Russian oil economy from its origins in the nineteenth century right through to Vladimir Putin's determined efforts to rein in the oil oligarchs, re-nationalize Russia's industries, and pay off its international debt
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