Abstract
Relationships of various kinds acted to shape the Russian aluminium industry. Relations between the new political and economic elites played a major part in the period after the collapse of the Soviet project. This chapter examines the role of horizontal and vertical relationships, with particular attention to how the privatization of state-controlled assets contributed to the total remake of the industry. With the collapse of the Soviet project and the privatization of state assets, relations between the political power and the emerging class of economic tycoons had to be redefined: this chapter offers a detailed account of that challenging process.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Akindinova, N., Kuzminov, Y., & Yasin, E. (2016). Russia’s Economy: Before the Long Transition. Russian Journal of Economics, 2(3), 219–245. doi:10.1016/j.ruje.2016.08.001.
Alyuminievaya assotsiatsiya. (2015). V Rossii Sozdana Alyuminievaya Assotsiatsiya. Retrieved September 12, 2016, from http://www.aluminas.ru/v-rossii-sozdana-assotsiatsiya-proizvoditeley-postavshhikov-i-potrebiteley-alyuminiya/.
Åslund, A. (1994). Economic transformation in Russia. New York: St. Martin’s Press.
Åslund, A. (1997). Russia’s economic transformation in the 1990s. London: Pinter.
Aslund, A. (2001). Building capitalism: Markets and government in Russia and transitional economies. Cambridge: Cambridge University Press.
Åslund, A. (2007). How capitalism was built: The transformation of Central and Eastern Europe, Russia, and Central Asia. Cambridge: Cambridge University Press.
Åslund, A., & Layard, R. (1993). Changing the economic system in Russia. New York: St. Martin’s Press.
Bandelj, N., & Sowers, E. (2010). Economy and state. A sociological perspective. Cambridge: Polity.
Blasi, J. R., Kroumova, M., & Kruse, D. (1997a). Kremlin capitalism: The privatization of the Russian economy. Ithaca: ILR Press.
Blasi, J. R., Kroumova, M., & Kruse, D. (1997b). Kremlin capitalism: The privatization of the Russian economy. Ithaca: ILR Press/Cornell University Press.
Boettke, P. J., & Leeson, P. T. (2015). The economic role of the State. Cheltenham: Northampton, MA, USA Edward Elgar.
Boycko, M., Shleifer, A., & Vishny, R. W. (1995). Privatizing Russia. Cambridge, MA: MIT Press.
Bunin, I. (2004). Vlast I Biznes V Novoy Rossii. Retrieved November 16, 2016, from http://www.businesspress.ru/newspaper/article_mId_40_aId_290130.html.
Bunin, I., & Makarkin, A. (2015). Russia: Business and state. Russie.Nei.Visions. Paris: IFRI. Retrieved September 20, 2016, from https://www.ifri.org/sites/default/files/atoms/files/ifri_rnv_88_bunin_makarkin_eng_november_2015.pdf.
Delovaya Rossiya. (2016). Delovaya Rossiya. Retrieved October 20, 2016, from http://www.deloros.ru/.
Doktorov, B. Z., Oslon, A. A., & Petrenko, E. S. (2002). Epokha Yeltsina: Mneniye Rossiyan. Sotsilogicheskiye Ocherki. Moscow: Institut FOM.
Fedorov, Y. (1995). Economic Interests and Lobbies in the Formulation of Russian Foreign Policy. Post-Soviet Business Forum Briefing (5).
Fish, S. M. (1995). Democracy from Scratch: Opposition and Regime in the New Russian Revolution. Princeton: Princeton University Press.
Fortescue, S. (2007). Russia’s oil barons and metal magnates. Oligarchs and the State in transition. London: Palgrave Macmillan.
Fortescue, S. (2009). The Russian Oligarchs and the economic crisis. Russian Analytical Digest (63), 2–5.
Freeland, C. (2000). Sale of the century: Russia’s wild ride from communism to capitalism. New York: Crown Business.
Frye, T. (2002). Capture or exchange?: Business lobbying in Russia. Europe-Asia studies., 2002, 1017–1036.
Gorshkov, M. (Ed.). (2000). Rossiya Na Rubezhe Vekov. Moscow: RNISiNP/ROSSPEN.
Grosman, A., Okhmatovskiy, I., & Wright, M. (2016). State Control and Corporate Governance in Transition Economies: 25 Years on from 1989. Corporate Governance: An International Review, 24(3), 200–221.
Gudkov, L., & Dubin, B. (2005). Der Oligarch Als Volksfeind. Der Nutzen Der Falls Chodorkovskij Für Das Putin-Regime. Osteuropa: Zeitschrift für Gegenwartsfragen des Ostens, 55(7), 52–75.
Guriev, S., & Rachinsky, A. (2004). Ownership concentration in Russian industry. CEFIR Working Paper: CEFIR. http://www.cefir.ru/download.php?id=136.
Guriev, S., & Rachinsky, A. (2005). The Role of Oligarchs in Russian capitalism. Journal of Economic Perspectives, 19(1), 131–150.
Hanson, P. (2014). Reiderstvo: Asset-Grabbing in Russia. Programme Paper. London: Chatham House. https://www.chathamhouse.org/sites/files/chathamhouse/home/chatham/public_html/sites/default/files/20140300AssetGrabbingRussiaHanson1.pdf.
Hellman, J. S., Jones, G., & Kaufmann, D. (2003). Seize the State, seize the day: State capture and influence in transition economies. Journal of Comparative Economics, 31(4), 751–773.
Herd, G. P. (1999). Russia: Systemic transformation or federal collapse? Journal of Peace Research, 36(3), 259–269.
Hoffman, D. E. (2002). The Oligarchs: Wealth and power in the New Russia. New York: Public Affairs Press.
Hoffman, D. E. (2011). The Oligarchs: Wealth and power in the New Russia. New York: Public Affairs Press.
Israelyan, V. (1998). Russia at the crossroads: Don’t tease a wounded bear. The Washington Quarterly, 21(1), 47–65. doi:10.1080/01636609809550293.
Jensen, D. N. (1998). The Big Seven - Russia’s Financial Empires. Special Report of Radio Free Europe. Transition (February).
Klebnikov, P. (2000). Godfather of the Kremlin. The decline of Russia in the age of gangster capitalism. New York: Harcourt.
Kononenko, V., & Moshes, A. (Eds.). (2011). Russia as a network State. What works in Russia when State institutions do not?. London: Palgrave Macmillan.
Kravchenko, A. I. (1996). Lobbizm V Rossii: Etapy Bol’shogo Putii. Sotsis (3 and 4), 54–62 and 53–10.
Kryshtanovskaya, O. (2002). Biznes-Elita I Oligarkhi: Itogi Desatiletia. Mir Rossii: Sotsiologiia, etnologiia, kulturologiia (4).
Kryshtanovskaya, O. (2005). Anatomiia Rossiiskoi Elity. Moscow: Zakharov.
Kryshtanovskaya, O., & White, S. (2005). The rise of the Russian business elite. Communist and Post Communist Studies, 38(3), 293–307.
Laird, R. (1995). The Soviet legacy 1994: Homo Sovieticus Is alive if not well. European Security, 4(2), 225–240.
Lane, D. S. (2014). The capitalist transformation of State socialism: The making and breaking of State socialist society, and what followed. London: Routledge.
Latynina, Y. (2001a, 15 August). The 3rd Aluminum War. The Moscow Times.
Latynina, Y. (2001b, 24 October). Stinginess at Kraz Could Cost Rusal. The Moscow Times. http://old.themoscowtimes.com/sitemap/free/2001/10/article/stinginess-at-kraz-could-cost-rusal/250767.html.
Lebed, A. (1994, 20 July). Sama Zhizn Zastavlayet Generalov Zanimatsya Politikoy. Izvestiya.
Ledeneva, A. (1998). Russia’s economy of favors: Blat, networking and informal exchanges. Cambridge: Cambridge University Press.
Ledeneva, A. (2004). Informal Practices in Changing Societies: Comparing Chinese Guanxi and Russian Blat. London: Centre for the Study of Economic & Social Change in Europe, UCL School of Slavonic and East European Studies. http://www.ssees.ac.uk/publications/working_papers/wp45.pdf.
Ledeneva, A. (2006). How Russia really works. The informal practices that shaped post-Soviet politics and business. Ithaca: Cornell University Press.
Ledeneva, A. (2013). Can Russia modernise? sistema, power networks and informal governance. Cambridge: Cambridge University Press.
Leontiev, M. (1995). Aleksandr Lebed’: U Gossudarstva Ischezla Volya. Segodnya (10 November).
Levashov, V. K. (Ed.). (2001). Rossiyskoye Obshchestvo I Radikal’nyye Reformy (Russian Society and Radical Reforms). Moscow: Academia.
Lindner, P. (2013). Situating property in transformation: Beyond the Private and the Collective. Europe-Asia Studies, 65(7), 1275–1294. doi:10.1080/09668136.2013.822698.
Makarychev, A. S. (2003). The ‘power vertical’ and horizontal networking: Competing strategies of domestic and international integration for Nizhniy Novgorod Oblast. In G. P. Herd & A. Aldis (Eds.), Russian regions and regionalism, strength through weakness (pp. 185–203). London: RoutledgeCurzon.
Mau, V., & Stupin, V. (1997). The political economy of Russian regionalism. Communist Economies & Economic Transformation, 9(1), 5–26.
McFaul, M. (1997). When Capitalism and Democracy Collide in Transition: Russia’s “Weak” State as an Impediment to Democratic Consolidation. PONARS Working Paper (1).
Nelson, L. D., & Kuzes, I. Y. (1995). Radical reform in Yeltsin’s Russia: Political, economic, and social dimensions. Armonk: M.E. Sharpe.
Nemtsov, B. (1998, 17 March). Budushcheye Rossii. Oligarkhiya Ili Demokratiya. Nezavisimaya Gazeta. Retrieved November 20, 2016.
Nicholson, M. (1999). Towards a Russia of the regions. Oxford: Oxford University Press for the International Institute for Strategic Studies.
Pappe, Y. (1996). Fuel and energy complex elites in the political economy of contemporary Russia. In K. Segbers & S. De Spiegeleire (Eds.), Post-Soviet puzzles. Mapping the political economy of the former Soviet Union. Emerging societal Actors - Economic, social and political interests (Vol. 3, pp. 459–478). Baden Baden: Nomos.
Pappe, Y. (2000). Oligarkhi. Ekonomicheskaia Khronika 1992–2000. Moscow: Vysshaia shkola ekonomiki.
Pappe, Y. (2001). Gosudarstvo I Krupnyy Biznes: Chto Ostalos’ Starogo V Ikh Otnosheniyakh (2000 G.-Nachalo 2001 g.)? In T. I. Zaslavskaya (Ed.), Kto I Kuda Stremitsya Vesti Rossiyu? Aktory Makro-, Mezo- I Mikrourovney Sovremennogo Transformatsionnogo Protsessa (pp. 206–211). Moscow: Moskovskaya vysshaya shkola sotsial’nykh i ekonomicheskikh nauk.
Pappe, Y. (2005). Konets Ery Oligarkhov. Novoe Litso Rossijskogo Krupnogo Biznesa. Retrieved October 12, 2016, from http://www.polit.ru/article/2005/07/05/pappe/.
Pappe, Y., & Antonenko, N. S. (2014). Chastnyj I Gosudarstvennyj Sektory V Rossijskom Krupnom Biznese: Dinamika Sootnosheniya V « Dlinnye 2000-E». Problemy prognozirovaniya. Internet Versiya, 1, 21–32.
Pappe, Y., & Galukhina, Y. (2009). Rossijskij Krupnyj Biznes: Pervye 15 Let. Ekonomicheskie Khroniki 1993–2008 Gg. Moscow: Higher School of Economics Press.
Perovic, J. (2004). Regionalisation Trends in Russia: Between the Soviet Legacy and the Forces of Globalisation. Geopolitics, 342–377.
Petrov, N. (2011). The excessive role of a weak Russian State. In M. Lipman & N. Petrov (Eds.), Russia in 2020. Scenarios for the future (pp. 303–328). Washington: Carnegie Endowment for International Peace.
Renz, B. (2006). Putin’s Militocracy? An alternative interpretation of Siloviki in contemporary Russian politics. Europe-Asia Studies, 58(6), 903–924.
Rimashevskaya, N. (1997). Poverty trends in Russia; a Russian perspective. In J. Klugman (Ed.), Poverty in Russia: Public policy and private responses (pp. 119–132). Washington: The World Bank.
Rivera, S. W., & Rivera, D. W. (2006). The Russian Elite under Putin: Militocratic or Bourgeois? Post-Soviet Affairs, 22(2), 125–144.
RSPP. (2016). Rossiyskiy Soyuz Promyshlennikov I Predprinimtaley. Retrieved November 30, 2016, from http://rspp.ru/.
Ruble, B. A. (1998). Oligarchs, Retread Nomenklaturshchiki, Clansmen, Warlords, and Polyarchs: Five Divergent Paths to the Russian Future. Demokratizatsiya, 6(3), 578–586.
Russian Chamber of Commerce and Industry. (2016). History. Retrieved November 23, 2016, from https://tpprf.ru/en/history/.
Ryabkov, Y. (2014, 15 May). Platezhosposobnaya Dolya. Kommersant Metallurgiya. http://kommersant.ru/doc/2468858.
Sakwa, R. (2010a). The crisis of Russian democracy.The dual state, factionalism and the medvedev succession. Cambridge: Cambridge University Press.
Sakwa, R. (2010b). The dual state in Russia. Post-Soviet Affairs, 26(3), 185–206.
Sakwa, R. (2011). Raiding in Russia. Russian Analytical Digest, 105, 9–16.
Sakwa, R. (2013). Systemic stalemate: Reiderstvo, and the dual state. In N. Robinson (Ed.), The Political Economy of Russia (pp. 69–96). Lanham: Rowman and Littlefield.
Schröder, H.-H. (1998). Jelzin Und Die ‘Oligarchen’. Über Die Rolle Von Kapitalgruppen in Der Russischen Politik (1993-Juli 1998). Berichte des Bundesinstituts für ostwisenschafltliche und Internationale Studien (40).
Schröder, H.-H. (1999). El’tsin and the Oligarchs: The role of financial groups in Russian politics between 1993 and July 1998. Europe-Asia studies., 516, 957–988.
Shlapentokh, V. (1994). Regionalization in Russia: An uncertain future. International journal of politics, 7(3), 401–418.
Shleifer, A., & Treisman, D. (2001). Without a map. Political tactics and economic reform in Russia. Cambridge, MA.: MIT Press.
Shokhin, A. (Ed.). (2011). Biznes I Vlast V Rossii. Teoriya I Praktika Vzaimodeystviya. Moscow: Higher School of Economics Press.
Silverman, B. (1997). New rich, new poor, new Russia: Winners and losers on the Russian road to capitalism. Armonk: M.E. Sharpe.
Sixsmith, M. (2010). Putin’s oil: The Yukos affair and the struggle for Russia. New York: Continuum.
Smith, M. (1995). Russia’s state tradition. Sandhurst: Conflict Studies Research Center.
Stiglitz, J. (2003). Globalization and the economic role of the state in the New Millennium. Industrial and Corporate Change, 12(1), 3–26.
Sutela, P. (1998). Privatization in the countries of Eastern and Central Europe and the Former Soviet Union. Helsinki: UNU World Institute for Development Economics Research.
Sutela, P. (2007). Insider privatisation in Russia: Speculations on systemic change. Europe-Asia Studies, 46(3), 417–435.
Treisman, D. (2007). Putin’s Silovarchs. Orbis: A Journal of World Affairs, 51(1), 141–153.
Treisman, D. (2010). “Loans for Shares” Revisited. NBER Working Paper Series Cambridge, MA.: National Bureau of Economic Research. Retrieved June 20, 2016, from http://www.nber.org/papers/w15819.
Wit, Bd, & Meyer, R. (2004). Strategy-Process, content, context: An international perspective. London: Thomson.
Yakovlev, A. (2006). The Evolution of business - State interaction in Russia: From state capture to business capture? Europe-Asia Studies, 58(7), 1033–1056.
Yakovlev, E., & Zhuravskaya, E. (2004). State Capture: From Yeltsin to Putin. Retrieved from http://www.cefir.ru/ezhuravskaya/research/Yakovlev_Zhuravskaya_Capture_Yeltsin_Putin.pdf.
Yasin, E. G., Andruschak, G. V., Gimpel’son, V. E., A., I., Kapelyushnikov, R. I., Kozyreva, P. M., Kosareva, N. B., Malkova, M., Ovcharova, L. N., Pishnyak, A. I., Ponomarenko, A. N., Popova, D. O., Popovich, L. D., Puzanov, A. S., Selezneva, E. V., Tishinova, G., Fadeev, V. A., & Sheyman, I. M. (2013). Uroven’ I Obraz Zhizni Naseleniya Rossii V 1989–2009 Gg. In Y.I Kuzminov, L. I. Yakobson, & E. Yasin (Eds.), Doklady 2011–2012 (pp. 71–145). Moscow: Higher School of Economics Press.
Yeltsin, B. (1994a). The Struggle for Russia. New York: Belka Publications Corp: Times Books.
Yeltsin, B. (1994b). Zapiski Prezidenta. Moscow: Ogonyok.
Zhuravskaya, E., & Yakovlev, E. (2004). State Capture and Controlling Owners of Firms. CEFIR Working Paper. Moscow: CEFIR. http://www.cefir.ru/download.php?id=135.
Zurabevich, N. (2005). Krupnyy Biznes I Regiony. Svobodnaya Mysl’, 1(1551), 64–79.
Zygar, M. (2015). Vsya Kremlevskaya Rat’. Kratkaya Istoriya Sovremennoj Rossii. Moscow: Intellektual’naya Literatura.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2018 The Author(s)
About this chapter
Cite this chapter
Godzimirski, J.M. (2018). Capture of the Russian State Under Yeltsin?. In: The Political Economy of Russian Aluminium. International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-57234-5_7
Download citation
DOI: https://doi.org/10.1007/978-3-319-57234-5_7
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-57233-8
Online ISBN: 978-3-319-57234-5
eBook Packages: Political Science and International StudiesPolitical Science and International Studies (R0)