Where Has All the Oil Gone? Contradictions among Russia's Socio-economic Development, Political Legitimacy and Corporate Profits
Where Has All the Oil Gone? Contradictions among Russia's Socio-economic Development, Political Legitimacy and Corporate Profits

Author(s): David Dusseault
Subject(s): National Economy, Energy and Environmental Studies, Socio-Economic Research
Published by: Hokkaido Slavic-Eurasian Reserarch Center
Summary/Abstract: There exists a body of evidence suggesting that Russia's energy sector-based interests are not monolithic. On the contrary, and quite intuitively, Russia’s political economy is fractured along institutional, temporal, and informational lines not just at the various levels of the country’s federal system, but also along the economic value chains that define the Russian energy sector. In order to tease these political, economic and social nuances out from the context in which they are embedded, it is felt that current research needs to move away from the shadow of neo-Kremlinology and expand its scope to reconsider the existence of fissures among political and economic interests, identify competing elite groups within the federal institutional structure, and understand the structural conditions that contribute to strategic decision-making process of the Russian Federation. Based upon several years of research conducted at the Aleksanteri Institute, four separate deficiencies concerning the nature of the structure of Russia’s political economy have been identified and will be discussed in turn below.

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