出版社:Research Centre for East European Studies and the Center for Security Studies
摘要:This article discusses the political challenges arising from the Russian oil boom. It focuses on the regulation of foreign direct investment, the role of state-controlled companies and the management of resource revenues. It argues that inefficient governance allows the exploitation of resource revenues within political patronage networks, while, on the other hand, the insulation of the management of resource revenues from the patronage networks guarantees the future availability of rents. At the same time, the distribution of smaller parts of the rents to the larger population is meant to ensure that no serious political challenge to the patronage system will occur.