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Oil in Putin's Russia: The Contests over Rents and Economic Policy Hardcover – March 21, 2021

by Adnan Vatansever (Author)
4.4 4.4 out of 5 stars 3 ratings
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No sector has been as vital as oil to the Russian economy since Vladimir Putin came to power. The longest serving leader since Stalin, Putin has presided during a period of relative economic prosperity driven largely by booming oil windfalls. Oil in Putin’s Russia offers an in-depth examination of the contests over windfalls drawn from the oil sector. Examining how the Russian leadership has guided the process of distributing these windfalls, Adnan Vatansever explores the causes behind key policy continuities and policy reversals during Putin’s tenure.


The product of over ten years of research, including interviews with decision-makers and oil industry officials, Oil in Putin’s Russia takes an innovative approach to understanding the contested nature of resource rents and the policy processes that determine how they are allocated. In so doing, it offers a comprehensive and timely account of politics and policy in contemporary Russia, and a significant contribution to research on the political economy of resource rents in mineral resource-rich countries.

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Previous page
  1. Print length
    348 pages
  2. Language
    English
  3. Publisher
    University of Toronto Press
  4. Publication date
    March 21, 2021
  5. Dimensions
    6.25 x 0.95 x 9.25 inches
  6. ISBN-10
    1487503695
  7. ISBN-13
    978-1487503697
  8. See all details
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Editorial Reviews

Review

"In Oil in Putin’s Russia, Adnan Vatansever offers a truly remarkable analysis of the politics of oil revenues under Putin’s rule. It is an excellent read and an indispensable resource for understanding the domestic political economy of contemporary Russia."

―Andreas Goldthau, Franz Haniel Professor, Willy Brandt School of Public Policy, University of Erfurt

"In this excellent book, Adnan Vatansever examines one of the key issues underlying the political economy of Russia in the post-Soviet era – how have oil revenues, on which the country so patently relies, been distributed and utilised? With a focus on the Putin era, Vatansever uses his ’rent allocation model‘ to help the reader understand the critical relationship between the Russian State, the oil companies, and other influential beneficiaries, and provides an important contribution to our understanding of the workings of the Russian political and economic system. In addition to offering an insightful and fascinating analysis, it is also a very enjoyable read."

―James Henderson, Director, Natural Gas Research Programme, The Oxford Institute for Energy Studies

About the Author

Adnan Vatansever is a senior lecturer in the King's Russia Institute, School of Politics and Economics, King's College, London.

Product details

  • Publisher ‏ : ‎ University of Toronto Press (March 21, 2021)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 348 pages
  • ISBN-10 ‏ : ‎ 1487503695
  • ISBN-13 ‏ : ‎ 978-1487503697
  • Item Weight ‏ : ‎ 1.37 pounds
  • Dimensions ‏ : ‎ 6.25 x 0.95 x 9.25 inches
  • Customer Reviews:
    4.4 4.4 out of 5 stars 3 ratings

About the author

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Adnan Vatansever

Adnan Vatansever

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Dr Adnan Vatansever is a Senior Lecturer at King’s Russia Institute.

Previously, Adnan worked as a senior associate in the energy and climate program at the Carnegie Endowment for International Peace, a senior associate in Russian and Caspian energy at IHS Cambridge Energy Research Associates, and a consultant for the World Bank and the U.S. Department of Energy.

Adnan combines a wealth of industry knowledge and experience on energy markets with a robust academic perspective on political economy. He holds a PhD from the School of Advanced International Studies at Johns Hopkins University, and M.A. from the School of Foreign Service at Georgetown University.

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4.4 out of 5 stars
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