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The Ukrainian Oligarchy After the Euromaidan

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An analysis of how the Ukrainian super-rich converted wealth into political influence which brought more wealth via rent-extraction in the gas sector
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  • 21 March 2023
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How did the Ukrainian oligarchy survive the institutional disruption of the Euromaidan revolt of 2013/2014? How did it manage to continue its extractive political and economic practices, amid deep changes in Ukraine’s society and polity? To answer these questions, this book analyzes the evolution of the Ukrainian super-rich in 2006-2017, tracing the process of conversion of wealth into political influence through vote-buying in the Verkhovna Rada (the Ukrainian parliament) and of the transformation of political influence back into wealth via elite rent-extraction schemes within the Ukrainian gas sector. A key argument is that continuity in informal practices between the Yanukovych and Poroshenko presidencies, and of the networks that conduct them, meant a prolongation of the dominant political economy regime. The study conceptualizes the processes of the recreation of Ukrainian oligarchy as a “currency flow,” or circuit, of wealth and power. It adds to the literature on the dynamics of informally dominated post-communist political economy regimes a detailed, integrated, and internally comparative case study of Ukraine.
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Price: $40.00
Pages: 314
Publisher: Ibidem Press
Imprint: Ibidem Press
Series: Soviet and Post-Soviet Politics and Society
Publication Date: 21 March 2023
Trim Size: 8.27 X 5.83 in
ISBN: 9783838217406
Format: Paperback
BISACs:

POLITICAL SCIENCE / World / Russian & Soviet

This book is ambitious in its scope ... a thoroughgoing empirical study of one of the defining features of politics in Ukraine.
Dr David Dalton studied the political economy of modern Ukraine at the School of Slavonic and East European Studies (SSEES), University College London. Before that, he was editor for Ukraine, Poland, Belarus, and Moldova at the Economist Intelligence Unit, the business information wing of The Economist Group.