During the early 2000s the market liberalization reforms to the Russian economy, begun in the 1990s, were consolidated. But since the mid 2000s economic policy has moved into a new phase, characterized by more state intervention with less efficiency and more structural problems. Corruption, weak competitiveness, heavy dependency on energy exports, an unbalanced labour market, and unequal regional development are trends that have arisen and which, this book argues, will worsen unless the government changes direction. The book provides an in-depth analysis of the current Russian economic system, highlighting especially structural and institutional defects, and areas where political considerations are causing distortions, and puts forward proposals on how the present situation could be remedied.

Building on an original interpretation of social theory and an interdisciplinary approach, this book creates a new paradigm in the Russian studies. Taking a fresh view of Russia’s multiple experiences of modernization, it seeks to explain the Putin era in a completely new way. This book explores the paradoxical and contradictory aspects of Russia, analyzing the energy-dependent economy and hybrid political regime, but also religion, welfare, and culture, and their often complex interrelations. Written by a community of both Western and Russian scholars, this book re-affirms the value of social science when confronting a society that has undergone enormous and costly systematic changes. The Russian elites see modernization narrowly as economic and technological competitiveness. The contributors to this volume see contemporary Russia facing a series of antinomies, which are macro-level dilemmas that cannot be abolished, either by philosophical mediation or by immediate political decisions. As such, they are the tension fields that constitute choices for various competing agencies. This book will be of interest to scholars and students of Russian studies, transition studies, sociology, social policy, political science, energy policy, cultural studies, and stratification studies. Professionals involved in energy, ecology, and security policy will also find this publication a rich source.

Industrialist John Paul Getty famously quipped, “The meek shall inherit the earth, but not its mineral rights.” Throughout history, natural resources have been sources of wealth and power and catalysts for war and peace. The cases studies gathered in this innovative volume examine how the intersection of ideas, interest groups, international institutions, and political systems gave birth to distinctive regulatory regimes at various times and places in the modern world. Spanning seven continents and focusing on both advanced and developing economies, the case studies explore how the goals and modes of regulation have changed in response to new economic realities, demands from power brokers and the broader public, and rules and norms for what is considered legitimate government action. Together, the contributors show that regulatory regimes in resource-dependent nations have played a decisive role in the international political economy. They also offer unique insights into why some resource-rich countries have flourished while others have been mired in poverty and corruption.

This book is about the 100 years of World Wars and Regional Collaboration in the twentieth and twenty-first centuries, investigating and considering how to foster Good Governance and New World Order. The world is currently at the historical turning point. The twentieth century witnessed two World Wars (WWI and WWII), followed by the Cold War that dominated geopolitics. Amidst the post-war devastation, the European Community, soon succeeded by the European Union, came into being. Peaceful governance was nurtured by building economic collaboration and institutions and by establishing liberalism, democracy and the rule of law. In Asia, the Association of Southeast Asian Nations (ASEAN) also pursued regional governance after WWII, but in East Asia, the American Divide and Rule policy is continuing until now by the influence of China, North Korea and Russia. In the contemporary world in the twenty-first century, a new nationalism, Populism and Authoritarianism are spreading. At the same time, a wave of rapid economic growth is occurring in developing countries, especially in China and India. Destabilization is spreading in East Asia, Southeast Asia, and South Asia concurrently with the search for “Democratization”. Through the two World Wars and the Cold War which originated in 100 years of the twentieth century, what types of regional institutions and governance have been developed to avoid endless wars and conflicts? In this book, it is examined, what kind of order is necessary to stabilize the regions from conflicts and wars in both Europe and Asia. The themes of the Tokyo Conferences and the Kyoto Conference by SCJ (Science Council of Japan) in December 2020, were investigated and clarified, how the countries that were caught up in global wars have considered regional coexistence in each period, and how to establish peace, stability, and prosperity by means of new institutionalizations, norms and the rule of law. The aim of the authors is to examine and discuss How to create New World Order, Regional Collaborations and Good Governance in the historical power transition period. This book can inspire many scholars and young researchers to join in discussing how to create New World Order in the twenty-first century, from the midst of the unstable situations of the global geopolitics.

This book aims to provide a comprehensive statistical picture of the Russian economic development covering the Imperial, Soviet, and New Russian periods. The authors have reconstructed Russian socio-economic statistics from both published and archival materials. The book gives concise descriptions as well as new insights on the Russian economic development. Compiled such that estimations by the authors are kept to a minimum and extensive explanations and notes on the sources, the definitions, the statistical methodologies, the problems and inconsistencies of the original data, and the pitfalls of interpreting the time series are given makes this a standard reference book of the Russian economic history. It will be of value to economists, scholars of collectivist economics, and scholars of Russia and the Soviet experience.

Most recent research seeks to explain contemporary changes in Russia by analysing the decisions of Russian leaders, oligarchs and politicians based in Moscow. This book examines another Russia, one of ordinary people changing their environment and taking opportunities to provoke societal changes in small towns and the countryside. Russia is a resource-rich society and the country’s strategy and institutional structure are built on the most valuable of these resources: oil and gas. Analysing the implications of this situation at the local level, this book offers chapters on resource use, local authorities, enterprises, poverty and types of individual, as well as a final chapter which places local societies within the framework of the Russian politicised economy. Based on extensive empirical data gathered through more than 400 semi-structured interviews with entrepreneurs, teachers, social workers and those working for the local authorities, this book sheds light on the role of local activity in the development of Russian society and is essential reading for students and scholars interested in Russia and its politics.

This book examines how Russia’s entrepreneurs operate in a business environment beset with risk and uncertainty. The challenges they may encounter include an unreliable judicial system, insecure property rights, arbitrary interference from officials, as well as corruption, harassment, suspicion and violence. Based on extensive original research, including fieldwork within three businesses, this book explores how entrepreneurs survive and some thrive. It focuses on the kind of obstacles they face from day to day, details their motivations, rationale and methods, and describes the actual relationship between ordinary entrepreneurs and the state, providing new insights into business-state relations.

The Ambivalence of Power in the Twenty-First Century Economy contributes to the understanding of the ambivalent nature of power, oscillating between conflict and cooperation, public and private, global and local, formal and informal, and does so from an empirical perspective. It offers a collection of country-based cases, as well as critically assesses the existing conceptions of power from a cross-disciplinary perspective. The diverse analyses of power at the macro, meso or micro levels allow the volume to highlight the complexity of political economy in the twenty-first century. Each chapter addresses key elements of that political economy (from the ambivalence of the cases of former communist countries that do not conform with the grand narratives about democracy and markets, to the dual utility of new technologies such as face-recognition), thus providing mounting evidence for the centrality of an understanding of ambivalence in the analysis of power, especially in the modern state power-driven capitalism. Anchored in economic sociology and political economy, this volume aims to make ‘visible’ the dimensions of power embedded in economic practices. The chapters are predominantly based on post-communist practices, but this divergent experience is relevant to comparative studies of how power and economy are interrelated.

Vladimir Putin has emerged as one of the key leaders of the twenty-first century. However, he is also recognized as one of the most divisive. Abroad, his assertion of Russia's interests and critique of the western-dominated international system has brought him into conflict with Atlantic powers. Within Russia, he has balanced various factions within the elite intelligentsia alongside the wider support of Russian society. So what is the 'Putin paradox?' Richard Sakwa grapples with Putin's personal and political development on both the international political scene and within the domestic political landscape of Russia. This study historicizes the Putin paradox, through theoretical, historical and political analysis and in light of wider developments in Russian society. Richard Sakwa presents the Putin paradox as a unique regime type - balancing numerous contradictions - in order to adapt to its material environment while maintaining sufficient authority with which to shape it.

This book adopts a novel analytical approach to understanding how Russia's stalled democratisation is related to the incomplete liberalisation of the economy. Based on extensive original comparative study of Russia’s regions, the book explores the precise channels of interaction that create the mutuality of property rights, entrepreneurship, rule of law, norms of citizenship and liberal democracy. It demonstrates that the extent of democratisation varies across regions, and that this variation is connected to the extent of liberalisation of the economy. Moreover, it argues that the key factor in producing this linkage is the relative prominence of small business owners and their supporters in articulating their interests vis-à-vis regional and local administrations, especially through the institutionalisation of networks and business associations. The book develops its key theses by means of detailed analysis of the experiences of four case study regions. Overall, the book provides a major contribution to understanding the path of democratisation in Russia.