Book Review – “Putinomics. Power and Money in Resurgent Russia” by Chris Miller
Journal Title: International Journal of Management and Economics - Year 2018, Vol 54, Issue 3
Abstract
When Vladimir Putin took power in Russia in 1999, he was a little-known figure, brought to Moscow by the then President, Boris Yeltsin. Russia of that time did not in any way resemble the one of today, both politically and economically. At that time, the Russian economy was in a state of permanent, deep crisis, which culminated in 1999 as a direct consequence of the financial crisis of September 1998. Putin, who has been in power continuously since then, either as President in 2000–2008 and 2012 till present or as Prime Minister in 2008–2012, did not only restore Russia to the role of a great power in the international political arena but also “put the Russian economy back on its feet”, which under his rule was developing at a pace enviable to many other countries of the world. Naturally, a number of questions arise: how was it possible? What was the reason for Russia’s economic success?—was it about the genius of its leader, the favorable external circumstances, or perhaps was it a complete coincidence? Finally, the key one is whether one can speak of a conscious, consistently implemented economic policy of the Kremlin under the leadership of Putin. The answers to these questions are provided by Miller in his book.
Authors and Affiliations
Krzysztof Falkowski
Keywords
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- EP ID EP570792
- DOI 10.2478/ijme-2018-0022
- Views 67
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