A penetrating look into the extreme plutocracy Vladimir Putin has created and its implications for Russia’s future “Full of insight and informed judgment, former diplomat Anders Åslund takes aim at the ‘authoritarian kleptocracy’ and the inner circles of power.”—John Lloyd, Financial Times 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.
Russia's Crony Capitalism: The Path from Market Economy to Kleptocracy
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Author: Aslund, Anders
Binding: Hardcover
ISBN: 9780300243093
Details:
Author: Aslund, Anders
Brand: Yale University Press
Edition: Illustrated
Binding: Hardcover
Format: Illustrated
Number Of Pages: 336
Release Date: 07-05-2019
Part Number: 17 b-w illus.
Package Dimensions: 9.4 x 6.4 x 0.9 inches Languages: English
EAN: 9780300243093
