Oil in Putin’s Russia
The Contests over Rents and Economic Policy
University of Toronto Press, 2021
Oil dominates Russia’s economy, and Vladimir Putin dominates Russia.
The oil sector has long dominated Russia’s economy, for better and for worse. In this study of President Vladimir Putin’s policies, scholar Adnan Vatansever delves into Russia’s oil sector through the prism of who owns the energy assets and how much the oil industry pays in taxes. Vatansever argues that Russia’s economy is more sophisticated than those of the petro-states in the Middle East and Africa, and he details how Putin imprisoned one oil executive and seized his assets, a display that caused the industry to fall in line. Though Vatansever’s plodding prose can be challenging at times, students of energy politics will find this a fascinating read.
About the Author
Adnan Vatansever is a senior lecturer at King’s Russia Institute at King’s College in London.
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