Oil in Putin’s Russia: The Contests over Rents and Economic Policy

"In Oil in Putin’s Russia, Adnan Vatansever offers a truly remarkable analysis of the politics of oil revenues under Putin’s rule. It is an excellent read and an indispensable resource for understanding the domestic political economy of contemporary Russia."

Andreas Goldthau, Franz Haniel Professor, Willy Brandt School of Public Policy, University of Erfurt

"In this excellent book, Adnan Vatansever examines one of the key issues underlying the political economy of Russia in the post-Soviet era – how have oil revenues, on which the country so patently relies, been distributed and utilised? With a focus on the Putin era, Vatansever uses his ’rent allocation model‘ to help the reader understand the critical relationship between the Russian State, the oil companies, and other influential beneficiaries, and provides an important contribution to our understanding of the workings of the Russian political and economic system. In addition to offering an insightful and fascinating analysis, it is also a very enjoyable read."

James Henderson, Director, Natural Gas Research Programme, The Oxford Institute for Energy Studies