Observations on the Costs of the Yukos Affair to Russia

Observations on the Costs of the Yukos Affair to Russia

A prominent senior British specialist on the Russian economy reviews some consequences of the Russian state's dismemberment and partial re-nationalization of the Yukos oil company. The implications for state interventionism of Russia's engagement in international markets are assessed, and...

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Bibliographic Details
Published in:Eurasian geography and economics 2005-10, Vol.46 (7), p.481-494
Main Author: Hanson, Philip
Format: Article
Language:eng
Subjects:
Bgi / Prodig
Business community
Economic policy
Europe
Former USSR
Nationalization
Petroleum industry
Russian billionaire
Russian business
Russian economy
Russian Federation
Russian oil
Studies
Yukos
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Summary:A prominent senior British specialist on the Russian economy reviews some consequences of the Russian state's dismemberment and partial re-nationalization of the Yukos oil company. The implications for state interventionism of Russia's engagement in international markets are assessed, and the effects of market feedbacks to Russian policymakers analyzed. Also considered is the question of whether Russian economic structure is changing in ways that could lessen the vulnerability of business to state action. Journal of Economic Literature, Classification Numbers: F21, F23, F32, L71. 4 figures, 1 table, 16 references.
ISSN:1538-7216
1938-2863