ISBN: 9780815730187

Although record high oil prices have once again led to a boom, Russia''s current prosperity may be a bubble. As Gaddy and Ickes explain, Russia''s addiction persists, … Más…

Although record high oil prices have once again led to a boom, Russia''s current prosperity may be a bubble. As Gaddy and Ickes explain, Russia''s addiction persists, and its political-economic system is still driven by the imperatives of distributing the wealth from oil and gas. Clifford G. Gaddy, Barry W. Ickes, Books, Business and Finance, Russias Addiction: The Political Economy of Resource Dependence Books>Business and Finance The political economy of Russia has been shaped by its reliance on oil wealth. Through alternating periods of boom and bust, Russia's fortunes have been dependent on the fluctuating value of its oil and natural gas. This book explains that Russia's political-economic system is driven by the imperatives of distributing the wealth from oil and gas.<