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Continuity, Change and Power Relations in Russian Capitalism

Continuity, Change and Power Relations in Russian Capitalism. Alexandra Vasileva University of Amsterdam Department for Political Science a.vasileva@uva.nl Boston University, 1 Oct 2014. My PhD research. Development of Russia‘s Political Economy compared to other BRICs

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Continuity, Change and Power Relations in Russian Capitalism

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  1. Continuity, Change and Power Relations in Russian Capitalism Alexandra Vasileva University of Amsterdam Department for Political Science a.vasileva@uva.nl Boston University, 1 Oct 2014

  2. My PhD research Development of Russia‘s Political Economy compared to other BRICs Macro-level. How politics interacts with the economy (business) • What was the trajectory? • Why this particular trajectory?

  3. Framework • Liberal type of capitalism • Statist type • Patrimonial type

  4. Continuity and Change in Russian Political Economy patrimonialism patrimonialism liberalism liberalism statism statism 2003-…. 1992-2002

  5. BRICs Beginning of arrow: 1998End of arrow: 2008 Brazil India Russia USA China Liberal Embedded (statist + patrimonial) 75 50 25 100

  6. W h y ? • Why this trajectory (why so patrimonial..)? • Why different than the BRICs? • Why does the state dominate business (not so in the West..) ?

  7. …Answer from the perspective of power relations Understanding power relations = studying the distribution of power resources

  8. Power resources bureuacracy vs firms: Some aspects • Formal „strenght“ of the Russian state vis-a-vis business • Control of legal system • Physical violence. Raiding.. • It‘s all about informal relations • Normality ! • of personal relations • of solving problems informally • of corruption

  9. Wrap-up • Russia de-liberalises: statism + patrimonialism • Not so in the other BRIC countries! • „Balance of power“ on the side of the (patrimonial) state, business embarks on adaptation/survival strategies • Let‘s discuss do‘s and don‘ts in light with comparison with China…

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