Bear Traps On Russias Road To Modernization

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Bear Traps on Russia's Road to Modernization

Author : Clifford G. Gaddy
Publisher : Routledge
ISBN 13 : 1134106890
Total Pages : 142 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Bear Traps on Russia's Road to Modernization by : Clifford G. Gaddy

Download or read book Bear Traps on Russia's Road to Modernization written by Clifford G. Gaddy and published by Routledge. This book was released on 2013-08-21 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bear Traps examines Russia’s longer term economic growth prospects. It argues that Russia’s growth challenges are conventionally misdiagnosed and examines the reasons why: a spatial misallocation that imposes excess costs on production and investment; distortions to human capital; an excessively high relative price of investment that serves as a tax on physical capital accumulation; and an economic mechanism that inhibits adjustments that would correct the misallocation. Bear Traps explains why Soviet legacies still constrain economic growth and outlines a feasible policy path that could remove these obstacles. The most popular proposals for Russian economic reform today — diversification, innovation, modernization — are misguided. They are based on a faulty diagnosis of the country’s ills, because they ignore a simple reality: Russia’s capital, both physical and human, is systematically overvalued, owing to a failure to account for the handicap imposed by geography and location. Part of the handicap is an unavoidable consequence of Russia’s size and cold climate. But another part is self-inflicted. Soviet policies placed far too much economic activity in cold, remote locations. Specific institutions in today’s Russia, notably its federalist structure, help preserve the Soviet spatial legacy. As a result, capital remains handicapped. Investments made to compensate for the handicaps of cold and distance should properly be treated as costs. Instead, they are considered net additions to capital. When returns to what appear to be large quantities of physical and human capital fail to satisfy expectations, the blame naturally goes to poor institutions, corruption, backward technology, and so on. Policy proceeds along the wrong path, with costly programs that can end up doing more damage than good. The authors insist that the goal should be to seek to remove the handicaps rather than to spend to compensate for them. They discuss how Russia could develop a modernization program that would let the nation finally focus on its economic advantages, not its handicaps.

Bear Traps on Russia's Road to Modernization

Author : Clifford Gaddy
Publisher : Routledge
ISBN 13 : 1134106823
Total Pages : 142 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Bear Traps on Russia's Road to Modernization by : Clifford Gaddy

Download or read book Bear Traps on Russia's Road to Modernization written by Clifford Gaddy and published by Routledge. This book was released on 2013-08-21 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bear Traps examines Russia’s longer term economic growth prospects. It argues that Russia’s growth challenges are conventionally misdiagnosed and examines the reasons why: a spatial misallocation that imposes excess costs on production and investment; distortions to human capital; an excessively high relative price of investment that serves as a tax on physical capital accumulation; and an economic mechanism that inhibits adjustments that would correct the misallocation. Bear Traps explains why Soviet legacies still constrain economic growth and outlines a feasible policy path that could remove these obstacles. The most popular proposals for Russian economic reform today — diversification, innovation, modernization — are misguided. They are based on a faulty diagnosis of the country’s ills, because they ignore a simple reality: Russia’s capital, both physical and human, is systematically overvalued, owing to a failure to account for the handicap imposed by geography and location. Part of the handicap is an unavoidable consequence of Russia’s size and cold climate. But another part is self-inflicted. Soviet policies placed far too much economic activity in cold, remote locations. Specific institutions in today’s Russia, notably its federalist structure, help preserve the Soviet spatial legacy. As a result, capital remains handicapped. Investments made to compensate for the handicaps of cold and distance should properly be treated as costs. Instead, they are considered net additions to capital. When returns to what appear to be large quantities of physical and human capital fail to satisfy expectations, the blame naturally goes to poor institutions, corruption, backward technology, and so on. Policy proceeds along the wrong path, with costly programs that can end up doing more damage than good. The authors insist that the goal should be to seek to remove the handicaps rather than to spend to compensate for them. They discuss how Russia could develop a modernization program that would let the nation finally focus on its economic advantages, not its handicaps.

Authoritarian Modernization in Russia

Author : Vladimir Gel'man
Publisher : Taylor & Francis
ISBN 13 : 131717707X
Total Pages : 214 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Authoritarian Modernization in Russia by : Vladimir Gel'man

Download or read book Authoritarian Modernization in Russia written by Vladimir Gel'man and published by Taylor & Francis. This book was released on 2016-08-12 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Post-Communist Russia is an instance of the phenomenon of authoritarian modernization project, which is perceived as a set of policies intended to achieve a high level of economic development, while political freedoms remain beyond the current modernization agenda or are postponed to a distant future. Why did Russia (unlike many countries of post-Communist Europe) pursue authoritarian modernization after the Soviet collapse? What is the ideational agenda behind this project and why does it dominate Russia’s post-Communist political landscape? What are the mechanisms of political governance, which maintain this project and how have they adopted and absorbed various democratic institutions and practices? Why has this project brought such diverse results in various policy arenas, and why have the consequences of certain policies become so controversial? Why, despite so many controversies, shortcomings and flaws, has this project remained attractive in the eyes of a large proportion of the Russian elite and ordinary citizens? This volume intended to place some of these questions on the research agenda and propose several answers, encouraging further discussions about the logic and mechanisms of the authoritarian modernization project in post-Communist Russia and its effects on Russia’s politics, economy, and society.

Putin's Labor Dilemma

Author : Stephen Crowley
Publisher : Cornell University Press
ISBN 13 : 1501756303
Total Pages : 307 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Putin's Labor Dilemma by : Stephen Crowley

Download or read book Putin's Labor Dilemma written by Stephen Crowley and published by Cornell University Press. This book was released on 2021-07-15 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Putin's Labor Dilemma, Stephen Crowley investigates how the fear of labor protest has inhibited substantial economic transformation in Russia. Putin boasts he has the backing of workers in the country's industrial heartland, but as economic growth slows in Russia, reviving the economy will require restructuring the country's industrial landscape. At the same time, doing so threatens to generate protest and instability from a key regime constituency. However, continuing to prop up Russia's Soviet-era workplaces, writes Crowley, could lead to declining wages and economic stagnation, threatening protest and instability. Crowley explores the dynamics of a Russian labor market that generally avoids mass unemployment, the potentially explosive role of Russia's monotowns, conflicts generated by massive downsizing in "Russia's Detroit" (Tol'yatti), and the rapid politicization of the truck drivers movement. Labor protests currently show little sign of threatening Putin's hold on power, but the manner in which they are being conducted point to substantial chronic problems that will be difficult to resolve. Putin's Labor Dilemma demonstrates that the Russian economy must either find new sources of economic growth or face stagnation. Either scenario—market reforms or economic stagnation—raises the possibility, even probability, of destabilizing social unrest.

Russian Modernization

Author : Markku Kivinen
Publisher : Routledge
ISBN 13 : 1000226808
Total Pages : 368 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis Russian Modernization by : Markku Kivinen

Download or read book Russian Modernization written by Markku Kivinen and published by Routledge. This book was released on 2020-11-29 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Innovation and Modernisation in Contemporary Russia

Author : Imogen Sophie Kristin Wade
Publisher : Taylor & Francis
ISBN 13 : 1000624579
Total Pages : 246 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Innovation and Modernisation in Contemporary Russia by : Imogen Sophie Kristin Wade

Download or read book Innovation and Modernisation in Contemporary Russia written by Imogen Sophie Kristin Wade and published by Taylor & Francis. This book was released on 2022-07-29 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how technological modernisation and innovation policies have been implemented in Russia from the Soviet era to the present day. It discusses how since about 2000 the Russian state has attempted to address the country’s excessive dependence on natural resources by implementing an ambitious programme of economic modernisation, including giving innovation more policy prominence, boosting state funding for research and development and innovation, and emphasising science towns and technology parks as key instruments for stimulating innovation. Based on extensive original research, taking a multidisciplinary approach, and including detailed case studies, the book explains why, despite these efforts, Russia is performing comparatively poorly in innovation outcomes. It argues that a key factor is the country’s political economy model in which science, technology, and innovation policies are mainly controlled and funded by the federal centre of power and led by domestic political and economic elites.

The Politics of Bad Governance in Contemporary Russia

Author : Vladimir Gel'man
Publisher : University of Michigan Press
ISBN 13 : 0472902989
Total Pages : 232 pages
Book Rating : 4.4/5 (729 download)

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Book Synopsis The Politics of Bad Governance in Contemporary Russia by : Vladimir Gel'man

Download or read book The Politics of Bad Governance in Contemporary Russia written by Vladimir Gel'man and published by University of Michigan Press. This book was released on 2022-07-06 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Vladimir Gel’man considers bad governance as a distinctive politico-economic order that is based on a set of formal and informal rules, norms, and practices quite different from those of good governance. Some countries are governed badly intentionally because the political leaders of these countries establish and maintain rules, norms, and practices that serve their own self-interests. Gel’man considers bad governance as a primarily agency-driven rather than structure-induced phenomenon. He addresses the issue of causes and mechanisms of bad governance in Russia and beyond from a different scholarly optics, which is based on a more general rationale of state-building, political regime dynamics, and policy-making. He argues that although these days, bad governance is almost universally perceived as an anomaly, at least in developed countries, in fact human history is largely a history of ineffective and corrupt governments, while the rule of law and decent state regulatory quality are relatively recent matters of modern history, when they emerged as side effects of state-building. Indeed, the picture is quite the opposite: bad governance is the norm, while good governance is an exception. The problem is that most rulers, especially if their time horizons are short and the external constraints on their behavior are not especially binding, tend to govern their domains in a predatory way because of the prevalence of short-term over long-term incentives. Contemporary Russia may be considered as a prime example of this phenomenon. Using an analysis of case studies of political and policy changes in Russia after the Soviet collapse, Gel’man discusses the logic of building and maintaining the politico-economic order of bad governance in Russia and paths of its possible transformation in a theoretical and comparative perspective.

EU-Russia Relations in Crisis

Author : Tom Casier
Publisher : Routledge
ISBN 13 : 1315444542
Total Pages : 252 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis EU-Russia Relations in Crisis by : Tom Casier

Download or read book EU-Russia Relations in Crisis written by Tom Casier and published by Routledge. This book was released on 2017-10-16 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relations between the EU and Russia have been traditionally and predominantly studied from a one-sided power perspective, in which interests and capabilities are taken for granted. This book presents a new approach to EU-Russia relations by focusing on the role of images and perceptions, which can be major obstacles to the enhancement of relations between both actors. By looking at how these images feature on both sides (EU and Russia), on different levels (bilateral, regional, multilateral) and in different policy fields (energy, minorities, regional integration, multilateral institutions), the book seeks to reintroduce a degree of sophistication into EU-Russia studies and provide a more complete overview of different dimensions of EU-Russia relations than any book has done to date. Taking social constructivist and transnational approaches, interests and power are not seen as objectively given, but as socially mediated and imbued by identities. This text will be of key interest to scholars, students and practitioners of European Foreign Policy, Eastern Partnership, Russian Foreign Policy and more broadly to European and EU Politics/Studies, Russian studies, and International Relations.

Sustaining Russia's Arctic Cities

Author : Robert W. Orttung
Publisher : Berghahn Books
ISBN 13 : 178533316X
Total Pages : 274 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Sustaining Russia's Arctic Cities by : Robert W. Orttung

Download or read book Sustaining Russia's Arctic Cities written by Robert W. Orttung and published by Berghahn Books. This book was released on 2016-11-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Urban areas in Arctic Russia are experiencing unprecedented social and ecological change. This collection outlines the key challenges that city managers will face in navigating this shifting political, economic, social, and environmental terrain. In particular, the volume examines how energy production drives a boom-bust cycle in the Arctic economy, explores how migrants from Muslim cultures are reshaping the social fabric of northern cities, and provides a detailed analysis of climate change and its impact on urban and industrial infrastructure.

The Challenges for Russia's Politicized Economic System

Author : Susanne Oxenstierna
Publisher : Routledge
ISBN 13 : 1317634217
Total Pages : 242 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis The Challenges for Russia's Politicized Economic System by : Susanne Oxenstierna

Download or read book The Challenges for Russia's Politicized Economic System written by Susanne Oxenstierna and published by Routledge. This book was released on 2015-04-10 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Russian Politics and Society

Author : Richard Sakwa
Publisher : Routledge
ISBN 13 : 1000097765
Total Pages : 813 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Russian Politics and Society by : Richard Sakwa

Download or read book Russian Politics and Society written by Richard Sakwa and published by Routledge. This book was released on 2020-08-16 with total page 813 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fully revised and updated to reflect the considerable changes in Russia over the last decade, the fifth edition of this classic text builds on the strengths of previous editions to provide a comprehensive and sophisticated analysis of Russian politics and society. The new edition incorporates the latest debates about Russian politics, analysing recent institutional and political developments, and examines the electoral cycle and prospects of the president elected at the end of the process. New to this edition: an evaluation of Putin’s leadership and the country's political performance under him; updated election results and demographic, social, ethnic/national statistics to include results of the 2010 census; changes in the party system, to electoral legislation and to the composition of parliament as well as the relationship between the executive and legislature; coverage of the constitutional changes and governmental appointments under the various prime ministers; more analysis of economic performance including discussion of the energy sector and pipeline politics; changes in Russian foreign policy since EU enlargement, its relationship with NATO since the ‘reset’, as well as its relations with post-Soviet states; assessment of the military reforms and security and defence policy; debates over the question of democracy in Russia today, the nature of the system, and its future prospects. Written in an accessible and lively style, this book is packed with detailed information on the central debates and issues in Russia’s difficult transformation. An unrivalled textbook on the subject it is essential reading for all those concerned with the fate of Russia, and with the future of international society.

Power in modern Russia

Author : Andrew Monaghan
Publisher : Manchester University Press
ISBN 13 : 1526126427
Total Pages : 107 pages
Book Rating : 4.5/5 (261 download)

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Book Synopsis Power in modern Russia by : Andrew Monaghan

Download or read book Power in modern Russia written by Andrew Monaghan and published by Manchester University Press. This book was released on 2017-09-20 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book explores the Russian leadership’s strategic agenda and illuminates the range of problems it faces in implementing it. Given these difficulties and the Russian leadership’s concerns about an unstable and increasingly competitive world, the Russian official and expert community often use the term 'mobilisation' to describe the measures that Moscow is increasingly resorting to in order to implement its agenda. The book explores what this means, and concludes that many of the terms used in the Western debate about Russia both misdiagnose the nature of the challenge and misrepresent the situation in Russia. At a time when many of the books about Russia are focused specifically on the war in Ukraine and the deterioration in relations between the Euro-Atlantic community and Russia, or are biographies of Vladimir Putin, it offers a new and unique lens through which to understand how Russia works and how Russian domestic and foreign politics are intimately linked.

Klimat

Author : Thane Gustafson
Publisher : Harvard University Press
ISBN 13 : 067426987X
Total Pages : 337 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis Klimat by : Thane Gustafson

Download or read book Klimat written by Thane Gustafson and published by Harvard University Press. This book was released on 2021-10-27 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: A discerning analysis of the future effects of climate change on Russia, the major power most dependent on the fossil fuel economy. Russia will be one of the countries most affected by climate change. No major power is more economically dependent on the export of hydrocarbons; at the same time, two-thirds of Russia’s territory lies in the arctic north, where melting permafrost is already imposing growing damage. Climate change also brings drought and floods to Russia’s south, threatening the country’s agricultural exports. Thane Gustafson predicts that, over the next thirty years, climate change will leave a dramatic imprint on Russia. The decline of fossil fuel use is already underway, and restrictions on hydrocarbons will only tighten, cutting fuel prices and slashing Russia’s export revenues. Yet Russia has no substitutes for oil and gas revenues. The country is unprepared for the worldwide transition to renewable energy, as Russian leaders continue to invest the national wealth in oil and gas while dismissing the promise of post-carbon technologies. Nor has the state made efforts to offset the direct damage that climate change will do inside the country. Optimists point to new opportunities—higher temperatures could increase agricultural yields, the melting of arctic ice may open year-round shipping lanes in the far north, and Russia could become a global nuclear-energy supplier. But the eventual post-Putin generation of Russian leaders will nonetheless face enormous handicaps, as their country finds itself weaker than at any time in the preceding century. Lucid and thought-provoking, Klimat shows how climate change is poised to alter the global order, potentially toppling even great powers from their perches.

Russian Politics Today

Author : Susanne A. Wengle
Publisher : Cambridge University Press
ISBN 13 : 1009165917
Total Pages : 553 pages
Book Rating : 4.0/5 (91 download)

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Book Synopsis Russian Politics Today by : Susanne A. Wengle

Download or read book Russian Politics Today written by Susanne A. Wengle and published by Cambridge University Press. This book was released on 2022-10-31 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible and nuanced introduction to contemporary Russian politics using the theme of stability versus fragility as its overarching framework. This innovative textbook explores core themes as well as path-breaking insights into the politics of race, class, gender, sexuality, and the environment.

The Oxford Handbook of the Russian Economy

Author : Michael Alexeev
Publisher : Oxford University Press
ISBN 13 : 0199344132
Total Pages : 864 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis The Oxford Handbook of the Russian Economy by : Michael Alexeev

Download or read book The Oxford Handbook of the Russian Economy written by Michael Alexeev and published by Oxford University Press. This book was released on 2013-06-04 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Transformation and Crisis in Central and Eastern Europe

Author : Bruno Dallago
Publisher : Routledge
ISBN 13 : 1317625242
Total Pages : 292 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Transformation and Crisis in Central and Eastern Europe by : Bruno Dallago

Download or read book Transformation and Crisis in Central and Eastern Europe written by Bruno Dallago and published by Routledge. This book was released on 2016-05-05 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has provided an important opportunity to revisit debates about post-socialist transition and the relative success of different reform paths. Post-communist Central and Eastern Europe (CEECs) in particular show resilience in the wake of the international crisis with a diverse range of economic transformations. Transformation and Crisis in Central and Eastern Europe offers an in depth analysis of a diverse range of countries, including Poland, Hungary, Russia, Ukraine, Czech Republic and Slovakia. This volume assesses each country’s institutional transformations, geopolitical policies, and local adaptations that have led them down divergent post-communist paths. Chapters take the reader systematically through the evolution of former communist national economic systems, before ending with lessons and conclusions for the future. Subsequent chapters demonstrate that economic performance crucially depends on achieving a sustainable balance between sound institutional design and policies on one hand, and localization on the other. This new volume from a prestigious group of academics offers a fascinating and timely study which will be of interest to all scholars and policy makers with an interest in European Economics, Russian and East European Studies, Transition Economies, Political Economy and the post-2008 world more generally.

The Russian State and Russian Energy Companies, 1992–2018

Author : Ingerid M. Opdahl
Publisher : Routledge
ISBN 13 : 1351134051
Total Pages : 235 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis The Russian State and Russian Energy Companies, 1992–2018 by : Ingerid M. Opdahl

Download or read book The Russian State and Russian Energy Companies, 1992–2018 written by Ingerid M. Opdahl and published by Routledge. This book was released on 2020-06-09 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Russian State and Russian Energy Companies analyses the development of relations between the state and five major energy companies, and how this shaped Russia’s foreign policy in the post-Soviet region. The book argues that the development of Russia’s political economy mattered for foreign policy over the quarter of a century from 1992 to 2018. Energy companies’ roles in institutional development enabled them to influence foreign policy formation, and they became available as tools to implement foreign policy. The extent to which it happened for each company varied with their accessibility to the Russian state. Institutional development increased state capacity, in a way that strengthened Russia’s political regime. The book shows how the combined power of several companies in the gas, oil, electricity, and nuclear energy industry was a key feature of Russian foreign policy, both in bilateral relationships and in support of Russia’s regional position. In this way, Russia’s energy resources were converted to regional influence. The book contributes to our understanding of Russia’s political economy and its influence on foreign policy, and of the formation of policy towards post-Soviet states.