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Over the last fifteen years, Russia has become a larger part of the global economy-and in the years ahead, it will continue to grow in prominence. If you want to improve your investment endeavors in this market, you must first understand how it operates. With Out of the Red as your guide, you'll become familiar with all the opportunities this country has to offer and learn how to make the most informed investing decision within this emerging arena.

Intro -- Contents -- Preface -- Introduction -- Political Control of Economic Activity -- Paths to Efficient Ownership -- The Russian Privatization Program -- Results of Russian rivatization -- From Privatization to Restructuring -- Conclusion -- Index.

For a decade Russia has been dismantling communism and building capitalism. Describing a deeply flawed fledgling market economy, Capitalism Russian-Style provides a progress report on one of the most important economic experiments going on in the world today. It describes Russian achievements in building private banks and companies, stock exchanges, new laws and law courts. It analyzes the role of the mafia, the rise of new financial empires, entrepreneurs and business tycoons, and the shrinking Russian state. Thane Gustafson tells how the Soviet system was dismantled and the new market society was born. He argues that this new society is changing constantly, so that any assessment of success and failure would be premature. Identifying investment as vital to preserving Russia's status as a major industrial power, in his final chapter he examines the prospects for an economic miracle in Russia in the twenty-first century

Argues that the Russian government's response to the global financial & economic crisis has not fundamentally changed the country's economic structure nor undone its market economy, despite a pre-crisis trend toward greater state intervention beginning with the Yukos affair. The character of state-business relations since the Yukos affair is described, asserting that the market economy persisted even while the state's role expanded. It is contended that some expected the economic crisis to function as an excuse for the Russian state to radically alter the economic structure, resulting in even greater government control over the economy. Attention is given to the government response to the crisis, offering reasons why no large-scale nationalization process has occurred. It is noted that while the free market remains, the Russian government did not use take advantage of the crisis to modernize & diversify the economy. Adapted from the source document.

What threatens the property rights of business owners? And what makes these rights secure? This book transcends the conventional diagnosis of the issue in modern developing countries by moving beyond expropriation by the state ruler or by petty bureaucratic corruption. It identifies 'agent predation' as a novel threat type, showing it to be particularly widespread and detrimental. The book also questions the orthodox prescription: institutionalized state commitment cannot secure property rights against agent predation. Instead, this volume argues that business actors can hold the predatory state agents accountable through firm-level alliances with foreign actors, labor, and local communities. Beyond securing ownership, such alliances promote rule of law in a rent-seeking society. Taking Russia and Ukraine between 2000 and 2012 as its empirical focus, the book advances these arguments by drawing on more than 150 qualitative interviews with business owners, policy makers, and bureaucrats, as well as an original large-N survey of firms