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Unrefusable Offer : Nationalisation in Russia.
- Format:
- Book
- Author/Creator:
- Golubovich, A. D. (Alekseĭ Dmitrievich)
- Language:
- English
- Subjects (All):
- Privatization--Russia (Federation).
- Privatization.
- Russian property.
- Physical Description:
- 1 online resource (307 pages)
- Edition:
- 1st ed.
- Place of Publication:
- London : ACAS Ltd, 2025.
- Summary:
- Confiscation, appropriation, nationalisation; this book digs deeply into Nationalization in Modern Russia: Economic and Political ConsequencesSince 2022, Russia has seen a resurgence of nationalization policies, driven by internal political interests, economic sanctions, and the need to mobilize resources for defence and social development. Historically, Russia has led large-scale nationalization efforts, with parallels to post-revolutionary policies of the Soviet era. However, today's circumstances involve a combination of retaliatory measures against foreign sanctions and efforts to consolidate control over key industries. Key drivers include:* Retaliation against Western asset freezes.* Political influences, favouring business groups close to authorities. Recent practices involve forced sales of foreign-owned assets. The hundreds of cases of expropriation of foreign businesses happened in 2022-2025, including Shell (oil E&P projects in Russia), Societe Generale Bank (Russia), Raven Russia (the largest warehouses property group in Russia), Carlsberg (the largest beer producer in Russia), Danone (the largest milk products business in Russia) and other large Western companies in Russia. The number of expropriations and asset freezes without is growing, usually without clear legal grounds. The number of cases of state expropriation of businesses from Russian citizens is also growing if these citizens also hold passports of "unfriendly countries" or are residents of such countries. Large airports, chemical and metallurgical companies are examples of the nationalization of businesses owned by Russians living abroad. This study explores:* The motivations behind Russia's modern nationalization wave.* Scenarios for economic consequences and risks of expanded asset seizures.* Comparative historical examples and international precedents.* Strategies for
- businesses to protect assets in Russia. By examining both historical parallels and current trends, this work offers unique insights into how nationalization can reshape Russia's economy and affect global business relations in the years ahead.
- Contents:
- Cover
- Abstract
- Content
- About the Authors
- Introduction
- Chapter 1: Nationalisation as a Legal and Economic Concept
- 1.1 The Concept of “Nationalisation” in Russia
- 1.2 Macroeconomic Cycles and Nationalisation
- 1.3 Examples of Nationalisation Research
- Chapter 2: Nationalisation in Contemporary History: Objectives and Reasons
- 2.1 Objective Economic Reasons for Nationalisations
- 2.2 Private Capital, Revolutions, and Nationalisations
- 2.3 Decolonisation and Foreign Ownership
- 2.4 Commodity Price Cycles as a Factor in Nationalisation
- 2.5 Transitions to a mobilisation economy and nationalisation
- 2.6 State Expropriation of Business in the Interests of Local Elites
- Chapter 3: Methods of Nationalisation
- 3.1 Laws as Instruments of Property Expropriation
- 3.2 Nationalisation under the Laws of Democratic Countries
- 3.3 Modern Laws on Nationalisation and Investor Compensation in Developing Countries
- 3.4 Expropriation Based on Citizenship and Nationality
- Chapter 4: Post-Soviet Privatisation
- 4.1 Unique Russian Privatisation
- 4.2 Reasons and Consequences of Loans for Shares Auctions
- 4.3 Consequences of the 1990s Privatisation
- Chapter 5: “Selective” Nationalisation in Russia in the 2000s
- 5.1 Preconditions for Nationalisation After the 1998-1999 Crisis
- 5.2 The Oil Industry Reasons and Methods of Nationalisation
- 5.3 Public-Private Partnerships: A Hybrid of Nationalisation and Privatisation
- Chapter 6: The Current Stage of Nationalisation in Russia Generated by AI.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Part of the metadata in this record was created by AI, based on the text of the resource.
- ISBN:
- 9781839787560
- 1839787562
- OCLC:
- 1503842769
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