Economic Developments in Contemporary Russia

Economic Developments in Contemporary Russia

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This book provides a comprehensive overview of Russiaa€™s difficult economic transition from a command economy since the early 1990s. It covers the financial crisis of August 1998 and the global financial crisis a decade later. Key subjects covered include economic transition, privatization and liberalization; changes in land ownership and agriculture; energy; foreign direct investment; economic stabilization; and economic performance. Russia is well endowed with raw materials, especially oil and natural gas; this book argues that in some ways this has not helped Russiaa€™s attempts to become a more diversified and high-tech economy. Overall, the book demonstrates how much the Russian economy has changed in the period. It continues - and adds to a€“ the overview of developments in the authora€™s The New Russia (2002), and is the companion volume to Political Developments in Contemporary Russia (2011) - both published by Routledge.On Sunday Ukrainea#39;s natural gas distributing company, Naftogaz, said it had faxed a draft contract to Russia shortly after ... Russiaa#39;s abrupt disruption in natural gas supplies intended for Ukraine cascaded through the European pipeline ... to halt supplies to Ukraine had reduced deliveries by as much as 40 per cent and could result in supply cuts for some customers. ... existing contracts to take a share of gas exported via the Ukrainian pipeline . . . and would do so if the temperature fellanbsp;...

Title:Economic Developments in Contemporary Russia
Author:Ian Jeffries
Publisher:Routledge - 2011-03-07


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