Comparative Oligarchy: Russia, Ukraine and the United States

@article{Aslund2005ComparativeOR,
  title={Comparative Oligarchy: Russia, Ukraine and the United States},
  author={Anders Åslund},
  journal={Political Institutions: Non-Democratic Regimes eJournal},
  year={2005}
}
  • A. Åslund
  • Published 2005
  • Economics
  • Political Institutions: Non-Democratic Regimes eJournal
The incidence of oligarchs is one of the most significant political problems after communism. An appropriate policy towards them has become a pressing issue for both Russia and Ukraine and addressing this matter will greatly influence the future economic systems of these countries. The paper examines the nature of oligarchs and the reasons for their emergence. Similarities with the great new businessmen in America of the 1850s, the so called "robber barons", are drawn. The paper also discusses… Expand
Privatization to putinization: The genesis of Russia's hobbled oligarchy
Abstract This article examines how Russian privatization helped create the Putin political system. During the ‘who lost Russia’ debate in the 1990s, American economic advisors were rebuked forExpand
The Formation and Role of Oligarchs
The importance of oligarchic development and the role this played in Ukraine since independence is a vast subject deserving of a book in itself. Here the term oligarchate will be used to refer to theExpand
Observations on the Costs of the Yukos Affair to Russia
A prominent senior British specialist on the Russian economy reviews some consequences of the Russian state's dismemberment and partial re-nationalization of the Yukos oil company. The implicationsExpand
Governments and Companies in the Post-Soviet World: Power, Intentions, and Institutional Consistency 1. Introduction
The paper surveys the existing evidence regarding the influence of the governmentbusiness relations on the development of economic and political institutions in a number of countries of the formerExpand
The Post-Soviet Oligarchs and the Nomenklatura Capitalism Hypothesis
Who are the post-Soviet oligarchs? Have they been members of the nomenklatura before 1991? Did they accumulate their initial wealth before or after privatization? To answer these questions, I haveExpand
Essay on clan capitalism in Russia
This paper is a description of the socio-economic system which emerged in Russia as a result of the transformation to a capitalist economy. The main actors in this system are the so-called ‘clans’Expand
Soviet Legacies of Economic Development, Oligarchic Rule, and Electoral Quality in Eastern Europe's Partial Democracies: The Case of Ukraine
Can economic development retard democracy, defying expectations of classic modernization theorizing? If so, under what conditions? Our article addresses the puzzle of poor democratic performance inExpand
Corruption and Legislatures: Exploring Perceptions of Ukrainian Legislators
Corruption has remained one of the significant problems in post-authoritarian societies. While many of these countries have institutions in place to combat corruption, the corruption remains rampant.Expand
Oligarchs , institutional change , and firm valuation : Russian evidence by
The Russian equity market with its poorly functioning institutions has been plagued by the agency problem between the controlling shareholder and minority shareholders. We explore how the politicalExpand
Human Costs of Post-communist Transition: Public Policies and Private Response
Abstract The transition to capitalism in former communist countries of Eastern Europe and the USSR was achieved at a very high human cost, leading to unprecedented increases in poverty, inequality,Expand
...
1
2
3
4
5
...

References

SHOWING 1-10 OF 33 REFERENCES
A Normal Country
During the 1990s, Russia underwent an extraordinary transformation from a communist dictatorship to a multi-party democracy, from a centrally planned economy to a market economy, and from aExpand
Turbo-Capitalism: Winners and Losers in the Global Economy
In this critical analysis of today's free-market capitalism, Edward Luttwak shows how it is vastly different from the controlled capitalism that flourished so successfully from 1945 to the 1980s.Expand
A New Capitalist Order: Privatization and Ideology in Russia and Eastern Europe
A New Capitalist Order: Privatization and Ideology in Russia and Eastern Europe. By Hilary Appel. Pittsburgh: University of Pittsburgh Press, 2004. 248p. $27.95. This book provides a valuableExpand
Ukraine's Return to Economic Growth
An authority on the post-Soviet economies examines the factors underlying Ukraine's unanticipated return to economic growth in 2000. A preliminary, qualitative analysis of Ukraine's sudden recoveryExpand
Building Capitalism: The Transformation of the Former Soviet Bloc
List of tables and charts Acknowledgements List of abbreviations Introduction 1. What communism actually was 2. The decline and fall of socialism 3. Strategic policy choices 4. Changes in output andExpand
The Challenge of Revolution: Contemporary Russia in Historical Perspective
This volume provides an challenging and controversial explanation of the recent events in Russia. It examines the causes, processes, and consequences of Russia's recent political development. DrawingExpand
Privatization and Corruption in Transition Economies
"If you think privatization is corrupt, try without it." --Anonymous official, in response to the Ukrainian parliament's decision to halt the privatization program on the grounds of possible corruptExpand
Observations on the Use of Law by Russian Enterprises
Four specialists on the Russian economy analyze the extent to which enterprises use law and legal institutions in structuring exchange relations. The analysis uses the responses from questionnairesExpand
Winners Take All: The Politics of Partial Reform in Postcommunist Transitions
Conventional models of the politics of economic reform tend to be based on an assumption about the costs and benefits of reform, known informally as the J-curve. Reforms are expected to make thingsExpand
The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
Why does capitalism triumph in the West but fail almost everywhere else? Elegantly, and with rare clarity, Hernando de Soto revolutionizes our understanding of what capital is and why it has failedExpand
...
1
2
3
4
...