Capitalism Russian-Style provides a progress report on one of the most important economic experiments going on in the world today: the building of capitalism in Russia. It describes Russian achievements in building private banks, companies, stock exchanges, new laws and law courts. It analyzes the role of the mafia, the new financial empires, entrepreneurs, business tycoons, and the shrinking Russian state. Thane Gustafson tells how the Soviet system was dismantled and the new market society was born, and examines the prospects for a Russian economic miracle in the twenty-first century.

A discerning analysis of the future effects of climate change on Russia, the major power most dependent on the fossil fuel economy. Russia will be one of the countries most affected by climate change. No major power is more economically dependent on the export of hydrocarbons; at the same time, two-thirds of Russia's territory lies in the arctic north, where melting permafrost is already imposing growing damage. Climate change also brings drought and floods to Russia's south, threatening the country's agricultural exports. Thane Gustafson predicts that, over the next thirty years, climate change will leave a dramatic imprint on Russia. The decline of fossil fuel use is already underway, and restrictions on hydrocarbons will only tighten, cutting fuel prices and slashing Russia's export revenues. Yet Russia has no substitutes for oil and gas revenues. The country is unprepared for the worldwide transition to renewable energy, as Russian leaders continue to invest the national wealth in oil and gas while dismissing the promise of post-carbon technologies. Nor has the state made efforts to offset the direct damage that climate change will do inside the country. Optimists point to new opportunities-higher temperatures could increase agricultural yields, the melting of arctic ice may open year-round shipping lanes in the far north, and Russia could become a global nuclear-energy supplier. But the eventual post-Putin generation of Russian leaders will nonetheless face enormous handicaps, as their country finds itself weaker than at any time in the preceding century. Lucid and thought-provoking, Klimat shows how climate change is poised to alter the global order, potentially toppling even great powers from their perches.

A Foreign Affairs Best Book of the Year on Eastern Europe and the Former Soviet Republics The Russian oil industry-which vies with Saudi Arabia as the world's largest producer and exporter of oil, providing nearly 12 percent of the global supply-is facing mounting problems that could send shock waves through the Russian economy and worldwide. Wheel of Fortune provides an authoritative account of this vital industry from the last years of communism to its uncertain future. Tracking the interdependence among Russia's oil industry, politics, and economy, Thane Gustafson shows how the stakes extend beyond international energy security to include the potential threat of a destabilized Russia. "Few have studied the Russian oil and gas industry longer or with a broader political perspective than Gustafson. The result is this superb book, which is not merely a fascinating, subtle history of the industry since the Soviet Union's collapse but also the single most revealing work on Russian politics and economics published in the last several years." -Robert Legvold, Foreign Affairs "The history of Russia's oil industry since the collapse of communism is the history of the country itself. There can be few better guides to this terrain than Thane Gustafson." -Neil Buckley, Financial Times

This book examines the record of the Brezhnev regime in its only major domestic innovation: the attempt to modernise Soviet agriculture. Under Brezhnev, the Soviets have invested more than half a trillion dollars in the countryside, but the Kremlin has remarkably little to show for the effort. The reason for the poor return, Gustafson argues is that it is fundamentally flawed because it has been conducted along traditional Soviet lines. For all its innovative features the agricultural programme resembles nothing so much as the Stalinist industrialising campaigns of the fifties. The Soviets cannot afford another such 'reform'. Consequently the agricultural programme cannot stand as a model for meeting the complex problems the Soviets will have to deal with in the next twenty years. Gustafson asserts that whatever solution they devise will depend on whether the Soviet political elite can develop resources and instruments of power more appropriate to the needs of a mature industrial economy. But whether such changes are possible rests on fundamental questions about the essence of power in the Soviet regime.

A Marginal Revolution Best Book of the Year Winner of the Shulman Book Prize A noted expert on Russian energy argues that despite Europe's geopolitical rivalries, natural gas and deals based on it unite Europe's nations in mutual self-interest. Three decades after the fall of the Berlin Wall and the breakup of the Soviet empire, the West faces a new era of East-West tensions. Any vision of a modern Russia integrated into the world economy and aligned in peaceful partnership with a reunited Europe has abruptly vanished. Two opposing narratives vie to explain the strategic future of Europe, one geopolitical and one economic, and both center on the same resource: natural gas. In The Bridge, Thane Gustafson, an expert on Russian oil and gas, argues that the political rivalries that capture the lion's share of media attention must be viewed alongside multiple business interests and differences in economic ideologies. With a dense network of pipelines linking Europe and Russia, natural gas serves as a bridge that unites the region through common interests. Tracking the economic and political role of natural gas through several countries-Russia and Ukraine, the United Kingdom, Germany, the Netherlands, and Norway-The Bridge details both its history and its likely future. As Gustafson suggests, there are reasons for optimism, but whether the "gas bridge" can ultimately survive mounting geopolitical tensions and environmental challenges remains to be seen.

Capitalism Russian-Style provides a progress report on one of the most important economic experiments going on in the world today: the building of capitalism in Russia. It describes Russian achievements in building private banks, companies, stock exchanges, new laws and law courts. It analyzes the role of the mafia, the new financial empires, entrepreneurs, business tycoons, and the shrinking Russian state. Thane Gustafson tells how the Soviet system was dismantled and the new market society was born, and examines the prospects for a Russian economic miracle in the twenty-first century.

How much power does the Soviet military exert on the politics of the Kremlin? This is one of the most controversial questions in the study of the Soviet Union, here addressed by eight top Western specialists on Soviet politics and security policy. While the authors assert that the civil-military relationship has been less turbulent than often believed, they also point out that Gorbachev's reforms threaten the system of buffers that have until now shielded the military-industrial world from disruption and change. Introduced by Timothy Colton's essay, "Perspectives on Civil-Military Relations," the volume discusses civil-military relations in relation to political change (Bruce Parrott), the KGB (Amy Knight), resource stringency and civil-military resource allocation (Robert Campbell), the defense industry (Julian Cooper), response to technological challenge (Thane Gustafson), social change (Ellen Jones), and consequences of external expansion (Bruce D. Porter). Gustafson has written a concluding chapter, "Toward a Crisis in Civil-Military Relations?" Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Although the Soviet Union has the most abundant energy reserves of any country, energy policy has been the single most disruptive factor in its industry since the mid-1970s. This major case study treats the paradox of the energy crisis as an essential part of larger economic problems of the Soviet Union and as a key issue in determining the fate of the Gorbachev reforms. Originally published in 1989. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

2010: Russia disintegrates as its frontier regions rebel or drift into the orbit of neighboring countries. 2010: Russia is invigorated by an economic chudo -- "miracle" -- that turns it into a thriving exemplar of the free market. 2010: Russia becomes a grim military dictatorship, bent on expansion.

This brilliant and visionary book, which is based on a confidential report by the international consulting firm CERA, offers several persuasively detailed scenarios of Russia's future. Using the management technique of "scenario planning" and drawing on an extensive knowledge of Russia's political and economic history, Daniel Yergin and Thane Gustafson have produced a study that is already shaping the investment strategies of major corporations and that will become an essential text in the policy debates about the next century. Russia 2010 captures in a timely way the changes shaking Russia and the former Soviet Union after Communism. The result is one of those rare books that not only predict the future but have the power to change it.