041531528X.Routledge.The.Piratization.of.Russia.Russian.Reform.Goes.Awry.Jun.2003.pdf

The Piratization of Russia

In 1991 a small group of Russians emerged from the collapse of the Soviet Union

to claim ownership of some of the most valuable petroleum, natural gas, and

metal deposits in the world. This resulted in one of the greatest transfers of

wealth ever seen. By 1997, five of those individuals were on Forbes Magazine’s

list of the world’s richest billionaires. These selfstyled oligarchs were accused of

using guile, intimidation, and occasionally violence to reap these rewards.

Marshall I.Goldman argues against the line that the course adopted by

President Yeltsin was the only one open to Russia, since an examination of the

reform process in Poland shows that a more gradual and imaginative approach

worked there with less corruption and a wider share of benefits.

The Piratization of Russia is an accessible, lucid, and timely book that is required

reading for those with an interest in the debacle of Russian reform, from the

interested lay-reader to students, academics, economists, and politicians who

want to understand the problems facing Russia and how they could have been

avoided.

Marshall I.Goldman is Davis Professor of Russian Economics, Emeritus at

Wellesley College, and Associate Director of the Davis Center for Russian and

Eurasian Studies, Harvard University, USA. He has appeared as a commentator

on Good Morning America as well as Nightline and McNeil Lehrer News Hour and

is a regular commentator on National Public Radio in the USA and the BBC in

Britain.

The Piratization of Russia

Russian reform goes awry

Marshall I.Goldman

LONDON AND NEW YORK

First published 2003 by Routledge

11 New Fetter Lane, London EC4P 4EE

Simultaneously published in the USA and Canada

by Routledge

29 West 35th Street, New York, NY 10001

Routledge is an imprint of the Taylor & Francis Group

This edition published in the Taylor & Francis e-Library, 2005.

“To purchase your own copy of this or any of Taylor & Francis or

Routledge’s collection of thousands of eBooks please go to www.eBookstore.tandf.co.

uk.”

reproduced or utilised in any form or by any electronic,

mechanical, or other means, now known or hereafter

invented, including photocopying and recording, or in any

information storage or retrieval system, without permission in

writing from the publishers.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

Library of Congress Cataloging in Publication Data

Goldman, Marshall I.

The piratization of Russia: Russian reform goes awry/Marshall I.

Goldman. p. cm.

Simultaneously published in the USA and Canada.

Includes bibliographical references and index.

1. Russia (Federation)—Economic policy—1991–2 2. Oligarchy—Russia

(Federation) 3. Commercial crimes—Russia (federation) 4. Businessmen—

Russia (Federation)—Political activity. I. Title.

HC340.12.G653 2003

330.947–dc21 2002037158

ISBN 0-203-56334-4 Master e-book ISBN

ISBN 0-203-34495-2 (Adobe eReader Format)

ISBN 0-415-31528-X(hbk)

ISBN 0-415-31529-8 (pbk)

To Jessica, Samuel Todd, Jacob, Sam, Jonah, David,

Elie, Nathan, Lauren, and Isaac, so that we may learn

from the past

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