Russias Crony Capitalism: The Path from Market Economy to Kleptocracy
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Krátky popis
A penetrating look into the extreme plutocracy Vladimir Putin has
created and its implications for Russia's future 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.
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