Re Constructing The Post Soviet Industrial Region
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Re-Constructing the Post-Soviet Industrial Region
This book examines the political economy of attempts to restructure the Donbass, one of the Soviet Union's most important 'old economy' 'rustbelt' industrial regions. It shows how local interest groups have successfully frustrated the central government's and the World Bank's proposed market-oriented restructuring, and how a manufacturing-based regional economy is surviving, partially, with restructuring postponed.
Seize the City, Undo the State
How do separatist conflicts arise and spread? When does separatism become a cover for a foreign aggression? How do local communities respond when state institutions collapse, and militants take over? The armed conflict in Eastern Ukraine, which started eight years before Russia's full-scale invasion, contains unique evidence to address each of these questions. In Seize the City, Undo the State, Serhiy Kudelia offers an authoritative study of the conflict at its initial stage--2013-14--based on a meticulous comparison of mobilization dynamics in over dozen towns of Donbas as well as in two major cities outside of it: Kharkiv and Odesa. Through his extensive travels and numerous interviews with conflict witnesses and participants, Kudelia explains how a small group of Russian agents and local militants succeeded in eliminating state control over the largest and most densely urbanized region of Ukraine but failed to do it elsewhere. Kudelia challenges the conventional accounts of the armed conflict in Donbas, which portray it either as an interstate conflict entirely manufactured by Moscow or as a civil war that broke out without any external influence. Instead, he argues that local actors prepared ideological and organizational basis for the uprising, but the successful spread of separatist control resulted from the covert intervention of Russian agents and widespread collaboration with them of town administrators and community activists. His findings also show that when enough members of local communities organized to resist militant takeovers, the separatist challenges there quickly dissipated. A fine-grained and highly original on-the-ground analysis of the origins of the wider Russian-Ukrainian war that broke out in 2022, this book offers broader insights into the conditions under which external intervention may trigger the rise of an armed insurgency in a society torn apart by political and ideological disagreements.
Building Big Business in Russia
This book examines the development of big business in Russia since the onset of market oriented reform in the early 1990s. It explains how privatized post-Soviet enterprises, many of which made little sense as business units, were transformed into functional firms able to operate in the environment of a market economy. It provides detailed case studies of three key companies – Yukos Oil Company, Siberian (Russian) Aluminium and Norilsk Nickel – all of which played a key role in Russia’s economic recovery after 1998, describing how these companies were created, run and have developed. It shows how Russian businesses during the 1990s routinely relied on practices not entirely compatible with formal rules, in particular in the area of corporate governance. The book fully explores the critical role played by informal corporate governance practices - such as share dilution, transfer pricing, asset stripping, limiting shareholders access to votes, and 'bankruptcy to order’ - as Russian big business developed during the 1990s. Unlike other studies on Russian corporate governance, this book highlights the ambiguous impact of informal corporate governance practices on the companies involved as commercial entities, and suggests that although their use proved costly to Russia’s business reputation, they helped core groups of owners/managers at the time to establish coherent business firms. Overall, the book shows that we cannot understand the nature of current economic changes in Russia without recognising the crucial role played by informal corporate governance practices in the creation and development of big business in post-Soviet Russia.