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Putin and the Oligarch - The Khodorkovsky-Yukos Affair (Hardcover, New)
Loot Price: R1,593
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Putin and the Oligarch - The Khodorkovsky-Yukos Affair (Hardcover, New)
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The arrest of Mikhail Khodorkovsky, the head of the Yukos oil
company, on 25 October 2003, was a key turning point in modern
Russian history. At that time Khodorkovsky was one of the world's
richest and most powerful men, while Yukos had been transformed
into a vast and lucrative oil company that was set to go global. On
all counts, this looked like a success story, but it was precisely
at this moment that the Russian authorities struck. After two
controversial trials, attracting widespread international
condemnation, Khodorkovsky was sentenced to fourteen years in jail.
In this book, Richard Sakwa examines the rise and fall of Yukos,
and the development of the Russian oil industry more generally.
Sakwa analyses Russia's emergence as an energy superpower, and
considers the question of the 'natural resource curse' and the use
of energy rents to bolster Russia as a great power and to maintain
the autonomy of the regime. Crucially this book also examines the
relationship between Putin's state and big business during Russia's
traumatic shift from the Soviet planned economy to the market
system.It is a detailed analysis of one of the most dramatic
confrontations between economic and political power in our era,
full of human drama and moral dilemmas. It is also a study of
political economy, with the market and state coming into
confrontation. Above all, the 'Yukos affair' continues to shape
contemporary Russian politics, with a weakened judiciary and
insecure property rights. It traces the struggles of the Putin era
as two visions of society came into conflict. The attack on
Khodorkovsky had - and continues to have - far-reaching political
and economic consequences but it also raises fundamental questions
about the quality of freedom in Putin's Russia as well as in the
world at large.
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