Kremlin Capitalism by Joseph Raphael Blasi
Look inside with Google Book Preview
Kremlin Capitalism
By Joseph Raphael Blasi

Kremlin Capitalism

Privatizing the Russian Economy

By (author) See other recent books by Joseph Raphael Blasi See other recent books by Maya Kroumova See other recent books by Douglas L. Kruse
Format: Paperback

Normal Price: $61.00
Your Price: $54.90 AUD, inc. GST
Shipping: $7.95 per order
You Save: $6.10! (10% off normal price)
Plus...earn $2.74 in Boomerang Bucks
Availability: Available Available to Backorder, No Due Date for Supply



Kremlin Capitalism by Joseph Raphael Blasi

Book Description

The first book to describe Russia's massive economic transformation for an American audience, Kremlin Capitalism provides a wealth of data and analyses not previously available in this country. The authors articulate the political and economic goals of Russian privatization, examine the current ownership of the largest enterprises in Russia, and chart the serious problem of corporate governance in the new private businesses. Kremlin Capitalism is based on the only continuous study of Russian privatization throughout the Russian Federation from 1992 to the present. The authors tracked down the story of the transition in the cities, towns, and villages of fifty of Russia's eighty-nine provinces, updating their findings after the June 1996 election. The result is an up-to-the-minute report of the largest property transfer in history and an analysis of one of this century's most significant economic transformations. The volume also characterizes the position of workers in terms of unemployment, wages, union power, and their changing role as employee shareholders.What really happened when Russia privatized its economy? The Kremlin brokered the initial struggle among different interest groups eager to claim a portion of Russian property: workers, managers, the Mafia, the old Soviet bureaucracy, regular citizens, entrepreneurs, Russian banks, and foreigners. While competing with one another, all struggled to free themselves from seventy years of Communist economic culture. Four years after the process began, have large companies learned to offer goods and services profitably and pay dividends to shareholders? Individual stories come alive as the book explores problems Russians face in structuring a new economic system, defining the ownership and governance of thousands of corporations one by one. Russian economic practices are being forged in the heat of fierce political struggles between resurgent Communists and nationalists and old Soviet managers, on the one hand, and more liberal elements of its infant democratic system on the other. Whether a few big conglomerates and the powerful banks and holding companies from Soviet days will dominate the new Russian economy to the exclusion of most citizens remains to be seen.Many questions persist. How will billions of dollars of capital be raised to retool, restructure, and reorient the heart and soul of Russia's economy? Will open stock markets stimulate a new economic order or will that new order be imposed through strong state supports and subsidies? What role will be played by shadowy conglomerates that are trying to shape a disorganized economy into something resembling the old Soviet system? The authors note the paradox of a capitalism conceived, designed, implemented, and evaluated by the Kremlin when one aim of reform is to allow market forces to play freely. Kremlin Capitalism asks whether rapid privatization has catalyzed or complicated the transition to a more liberal political and economic system, a question that will reverberate for decades.

Buy Kremlin Capitalism book by Joseph Raphael Blasi from Australia's Online Bookstore, Boomerang Books.


Book Details

ISBN: 9780801483967
ISBN-10: 0801483964
Format: Paperback
(229mm x 152mm x 17mm)
Pages: 272
Imprint: Cornell University Press
Publisher: Cornell University Press
Publish Date: 1-Oct-1996
Country of Publication: United States

Other Editions...


Reviews

» Have you read this book? We'd like to know what you think about it - write a review about Kremlin Capitalism book by Joseph Raphael Blasi and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review


Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Joseph Raphael Blasi close
»
Recent books by Maya Kroumova close
Kremlin Capitalism by Maya Kroumova
»
Recent books by Douglas L. Kruse close
Citizen's Share by Douglas L. Kruse
Shared Capitalism at Work by Douglas L. Kruse
Kremlin Capitalism by Douglas L. Kruse
»
BoomerangBooks.com.au close