The Political Economy of Russian Aluminium: Between the Dual State and Global Markets (International Political Economy Series)

This book addresses how the progress of the Russian aluminium industry, which has developed into an important global actor, has been influenced by the interaction of global market forces and the evolution of the Russian political system. After the collapse of the Soviet Union, Russian aluminium producers needed to adapt to changing framework conditions, both with regards to the global aluminium market and in Russia. Examining the most important changes in the organization of the global aluminium trade – the reorganization and consolidation of Russian aluminium industry and its ‘oligarchization’ – Godzimirski charts the evolution of the relationship between political and economic power in Russia, and the impact that this development has had on survival and adaptation strategies of key aluminium players in the country. Annotation Addresses how the progress of the Russian aluminium industry, which has developed into an important global actor, has been influenced by the interaction of global market forces and the evolution of the Russian political system. After the collapse of the Soviet Union, Russian aluminium producers needed to adapt to changing framework conditions, both with regards to the global aluminium market and in Russia. Examining the most important changes in the organization of the global aluminium trade - the reorganization and consolidation of Russian aluminium industry and its 'oligarchization' - Godzimirski charts the evolution of the relationship between political and economic power in Russia, and the impact that this development has had on survival and adaptation strategies of key aluminium players in the country Front Matter....Pages i-xviii Introduction....Pages 1-7 Front Matter....Pages 9-9 Basics of the Global Aluminium Market....Pages 11-28 Soviet and Russian Aluminium Until 2000 in Brief....Pages 29-50 National Consolidation 2000–2007....Pages 51-78 Global Consolidation and Challenges 2007–2016....Pages 79-115 Front Matter....Pages 117-117 Intermezzo or Regional Aluminium Games....Pages 119-138 Capture of the Russian State Under Yeltsin?....Pages 139-165 Return of the State Under Putin....Pages 167-209 Masters of the Russian Aluminium Roulette....Pages 211-259 Conclusions....Pages 261-279 Back Matter....Pages 281-290