The invisible hand... of the Kremlin. Capitalism 'a la russe'
The invisible hand... of the Kremlin. Capitalism 'a la russe'
Author(s): Iwona Wiśniewska
Subject(s): Civil Society, Economic policy, Government/Political systems, Corruption - Transparency - Anti-Corruption
Published by: OSW Ośrodek Studiów Wschodnich im. Marka Karpia
Keywords: Kremlin; capitalism 'a la russe'
Summary/Abstract: This study describes the two main economic processes observed in Russia during President Vladimir Putin's second term; renationalisation, and the concentration of economic assets.As a result of these processes, the share of state-owned property has increased and the position of the state in the economy has strengthened. According to the authorities, the wide-range renationalisation of the assets and the construction of superholdings based on the state enterprises are intended to boost Russia's potential and stimulate the development of the whole economy. However, in practice the current ruling elite are using these superholdings to strengthen Russia's position on the international arena and to promote their vested interests.
Series: OSW Point of View
- Page Count: 72
- Publication Year: 2007
- Language: English, Polish
- Content File-PDF