Oligarchy in Russia - Rutgayzer, Marina
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Nowadays any analysis of Russian economy is incomplete without taking into account the phenomenon of oligarchy. Russian oligarchs appeared after the fall of the Soviet Union and are represented by wealthy businessmen who control a huge part of natural resources enterprises and have a big political influence. Oligarchs shares in some natural resources industries reach even 70-80%. Their role in Russian economy is big without any doubts, however there has been very little economic analysis done. The aim of this work is to examine Russian oligarchy on micro and macro levels, its role in Russia s…mehr

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Produktbeschreibung
Nowadays any analysis of Russian economy is incomplete without taking into account the phenomenon of oligarchy. Russian oligarchs appeared after the fall of the Soviet Union and are represented by wealthy businessmen who control a huge part of natural resources enterprises and have a big political influence. Oligarchs shares in some natural resources industries reach even 70-80%. Their role in Russian economy is big without any doubts, however there has been very little economic analysis done. The aim of this work is to examine Russian oligarchy on micro and macro levels, its role in Russia s transition and the possible positive and negative outcomes from this phenomenon. For this purpose the work presents two theoretical models and on the basis of the results suggests how government could make the phenomenon of oligarchy to be more beneficial for Russian economy.
Autorenporträt
Marina Rutgayzer has an International Master's Degree in General Economics obtained in the University of Helsinki, Finland and a degree in Finance and Credit obtained in Petrozavodsk State University, Russia. Marina is currently working in a healthcare sphere in Helsinki, Finland.