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Product details:
- Publisher OUP Oxford
- Date of Publication 23 July 2020
- ISBN 9780198848905
- Binding Paperback
- No. of pages160 pages
- Size 175x113x8 mm
- Weight 118 g
- Language English
- Illustrations 7 black & white illustrations; 4 tables 23
Categories
Short description:
For many, Russia's political influence far exceeds its weight in the global economy. Richard Connolly demonstrates that in fact Russia's economy affords it global power, and explores how its socialist past has shaped its economic system into a unique blend of state and market.
MoreLong description:
Russia today is as prominent in international affairs as it was at the height of the Cold War. Yet the role that the economy plays in supporting Russia's position as a 'great power' on the international stage is poorly understood. For many, Russia's political influence far exceeds its weight in the global economy. However, Russia is one of the largest economies in the world; it is not only one of the world's most important exporters of oil and gas, but also of other natural resources, such as diamonds and gold. Its status as one of the largest wheat and grain exporters shapes commodity prices across the globe, while Russia's enormous arms industry, second only to the United States, provides it with the means to pursue an increasingly assertive foreign policy. All this means that Russia's economy is crucial in serving the country's political objectives, both within Russia and across the world. Russia today has a distinctly political type of economy that is neither the planned economy of the Soviet era, nor a market-based economy of the Euro-Atlantic variety. Instead, its economic system is characterised by a unique blend of state and market; control and freedom; and natural resources alongside human ingenuity.
The Russian Economy: A Very Short Introduction introduces readers to the dimensions of the Russian economy that are often ignored by the media and public figures, or exaggerated and misunderstood. In doing so, it shows how Russia's economy is one of global significance, and helps explain why many of Russia's enduring features, such as the heavy hand of the state and the emphasis on military-industrial production, have persisted despite the immense changes that took place after the disintegration of the Soviet Union in 1991.
ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
Presents an overview of the Russian economy over the last 500 years, chronicling its developments and characteristics from the first emergence of the Russian empire to the twenty-first-century regime of Vladimir Putin.
Table of Contents:
Acknowledgments
List of illustrations
Factors shaping Russian economic development
The Soviet planned economy
The creation of a market
The reassertion of the state
From modernisation to isolation
Russia in the global economy
Whither the Russian economy?
References
Further reading
Index
