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No major economy is more dependent on fossil fuel exports than Russia, yet it is unprepared for the global transition away from hydrocarbons. Thane Gustafson shows that as Russia's income shrinks, its economy will stagnate, even as global warming imposes growing costs on society. By mid-century its power will fade, reordering global politics.
Europe and Russia are pushing against each other in a contest of economic doctrines and political ambitions, seemingly erasing the vision of cooperation that emerged from the end of the Cold War. Thane Gustafson argues that natural gas serves as a bridge over troubled geopolitical waters, uniting the region through common economic interests.
2010: Russia disintegrates as its frontier regions rebel or drift into the orbit of neighboring countries. 2010: Russia is invigorated by an economic chudo -- "miracle" -- that turns it into a thriving exemplar of the free market. 2010: Russia becomes a grim military dictatorship, bent on expansion.This brilliant and visionary book, which is based on a confidential report by the international consulting firm CERA, offers several persuasively detailed scenarios of Russia''s future. Using the management technique of "scenario planning" and drawing on an extensive knowledge of Russia''s political and economic history, Daniel Yergin and Thane Gustafson have produced a study that is already shaping the investment strategies of major corporations and that will become an essential text in the policy debates about the next century. Russia 2010 captures in a timely way the changes shaking Russia and the former Soviet Union after Communism. The result is one of those rare books that not only predict the future but have the power to change it.
One of the world's largest exporters of oil faces mounting problems that could send shock waves through every major economy. Gustafson provides an authoritative account of the Russian oil industry from the last years of communism to its uncertain future. The stakes extend beyond global energy security to include the threat of a destabilized Russia.
This book examines the record of the Brezhnev regime in its only major domestic innovation: the attempt to modernise Soviet agriculture.
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