But the heroic images of Boris Yeltsin atop a tank in front of Moscow's White House soon turned to grim new realities: a currency in freefall and a war in Chechnya; on the street, flashy new money and a vicious Russian mafia contrasted with doctors and teachers not receiving salaries for months at a time. If this was what capitalism brought, many Russians wondered if they weren't better off under the communists.This new society did not just appear ready-made: it was created by a handful of powerful men who came to be known as the oligarchs and the young reformers. The oligarchs were fast-talking businessmen who laid claim to Russia's vast natural resources. The young reformers were an elite group of egghead economists who got to put their wild theories into action, with results that were sometimes inspiring, sometimes devastating. With unparalleled access and acute insight, Chrystia Freeland takes us behind the scenes and shows us how these two groups misused a historic opportunity to build a new Russia. Their achievements were considerable, but their mistakes will deform Russian society for generations to come.Along with a gripping account of the incredible events in Russia's corridors of power, Freeland gives us a vivid sense of the buzz and hustle of the new Russia, and inside stories of the businesses that have beaten the odds and become successful and profitable. She also exposes the conflicts and compromises that developed when red directors of old Soviet firms and factories yielded to -- or fought -- the radically new ways of doing business. She delves into the loophole economy, where anyone who knows how to manipulate the new rules can make a fast buck. Sale of the Century is a fascinating fly-on-the-wall economic thriller -- an astonishing and essential account of who really controls Russia's new frontier.

    This struggle has shaken the world economy, dictated the outcome of wars, and transformed the destiny of men and nations.The Prize is as much a history of the twentieth century as of the oil industry itself. The canvas of history is enormous -- from the drilling of the first well in Pennsylvania through two great world wars to the Iraqi invasion of Kuwait and Operation Desert Storm.

    Moving from a sweeping overview of history to blow-by-blow accounts of his negotiations with world leaders, Henry Kissinger describes how the art of diplomacy has created the world in which we live, and how America’s approach to foreign affairs has always differed vastly from that of other nations. Brilliant, controversial, and profoundly incisive, Diplomacy stands as the culmination of a lifetime of diplomatic service and scholarship. It is vital reading for anyone concerned with the forces that have shaped our world today and will impact upon it tomorrow.

    Returning again and again, Garrels found that the city's new freedoms and opportunities were both exciting and traumatic. As the economic collapse of the early 1990s abated, Chelyabinsky became richer and more cosmopolitan while official corruption and intolerance for minorities grew more entrenched. Sushi restaurants proliferated; so did shakedowns. In the neighboring countryside, villages crumbled into the ground. Far from the glitz of Moscow, the people of Chelyabinsk were working out their country’s destiny, person by person.Putin Country crafts an intimate portrait of Middle Russia. We meet upwardly mobile professionals, impassioned activists who champion the rights of orphans and disabled children, and ostentatious mafiosi. We discover surprising subcultures, such as a vibrant underground gay community and a circle of determined Protestant evangelicals, and watch as doctors and teachers trying to cope with inescapable payoffs and institutionalized negligence. As Vladimir Putin tightens his grip on power and war in Ukraine leads to Western sanctions and a lower standard of living, the local population mingles belligerent nationalism with a deep ambivalence about their country’s direction. Drawing on close friendships sustained over many years, Garrels explains why Putin commands the loyalty of so many Russians, even those who decry the abuses of power they regularly encounter.Garrels’s portrait of Russia’s silent majority is an essential corrective to the misconceptions of Putin's supporters and critics alike, especially at a time when cold war tensions are resurgent.

    What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing.Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats--and twice as likely to descend into civil war--than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse.This landmark book explains why good geology often leads to bad governance, and how this can be changed.

    That it should recover and reassert itself after less than a decade is nothing short of an economic and political miracle.Based on extensive research, including several interviews with Vladimir Putin, this revealing book chronicles Russia's dramatic reemergence on the world stage, illuminating the key reason for its rebirth: the use of its ever-expanding energy wealth to reassert its traditional great power ambitions. In his deft, informative narrative, Marshall Goldman traces how this has come to be, and how Russia is using its oil-based power as a lever in world politics. The book provides an informative overview of oil in Russia, traces Vladimir Putin's determined effort to reign in the upstart oil oligarchs who had risen to power in the post-Soviet era, and describes Putin's efforts to renationalize and refashion Russia's industries into state companies and his vaunted "national champions" corporations like Gazprom, largely owned by the state, who do the bidding of the state. Goldman shows how Russia paid off its international debt and has gone on to accumulate the world's third largest holdings of foreign currency reserves--all by becoming the world's largest producer of petroleum and the world's second largest exporter. Today, Vladimir Putin and his cohort have stabilized the Russian economy and recentralized power in Moscow, and fossil fuels (oil and natural gas) have made it all possible. The story of oil and gas in Russia is a tale of discovery, intrigue, corruption, wealth, misguidance, greed, patronage, nepotism, and power. Marshall Goldman tells this story with panache, as only one of the world's leading authorities on Russia could.

    Alexander Etkind traces how the Russian Empire conquered foreign territories and domesticated its own heartlands, thereby colonizing many peoples, Russians included. This vision of colonization as simultaneously internal and external, colonizing one's own people as well as others, is crucial for scholars of empire, colonialism and globalization. Starting with the fur trade, which shaped its enormous territory, and ending with Russia's collapse in 1917, Etkind explores serfdom, the peasant commune, and other institutions of internal colonization. His account brings out the formative role of foreign colonies in Russia, the self-colonizing discourse of Russian classical historiography, and the revolutionary leaders' illusory hopes for an alliance with the exotic, pacifist sectarians. Transcending the boundaries between history and literature, Etkind examines striking writings about Russia's imperial experience, from Defoe to Tolstoy and from Gogol to Conrad. This path-breaking book blends together historical, theoretical and literary analysis in a highly original way. It will be essential reading for students of Russian history and literature and for anyone interested in the literary and cultural aspects of colonization and its aftermath.

    Since shaking off communism two decades ago, the country has seemed wobbly at best, thoroughly corrupt and threatening at worst. But in recent years, as noted scholar Daniel Treisman shows in this compelling account, Russia has re-emerged as a pivotal nation in world affairs. In The Return, Treisman cuts through the myths and misinformation, as well as ongoing academic and journalistic debates, to present a portrait of a strong and independent country that is returning to the international community on its own terms. Drawing on two decades of research, interviews, and insider observation, The Return provides the first comprehensive history of post-communist Russia. From Gorbachev to Yeltsin, Putin, and Medvedev, it traces the twists and turns of the country’s evolution, uncovering the causes behind Russia’s plunge into depression in the 1990s and resurgence since 2000. Rather than a nation frozen in ancient authoritarian traditions, as Russia is often portrayed, Treisman shows a society modernizing rapidly, with a government that, although less than democratic, is sensitive to public opinion but which has been repeatedly buffeted by economic forces—the collapse of Soviet planning, the gyrations of oil prices—that have alternately boosted and drained the leaders’ popularity. Knocked off balance once again by the global financial crisis, the Kremlin’s current bosses must now struggle to reignite the growth on which the stability of their regime depends.As Russia grapples with its economic difficulties, the West will have to come to terms with the new Russia. With its UN Security Council veto, thousands of atomic warheads, continental dimensions, and vast mineral resources, Moscow sits at the epicenter of the toughest challenges the world will confront in the next generation—from Islamic terrorism and nuclear proliferation to energy security and global warming. To enlist Russia’s cooperation in solving the problems of the twenty-first century, Western leaders will need to look beyond common misconceptions to see the country as it is rather than as it has often been imagined or depicted.Based on extensive research by an expert with intimate knowledge of the country, the book provides insight into the prospects for democracy in Russia, the challenges and opportunities of doing business there, the wars in Chechnya, and the motives behind Moscow’s foreign policy. The Return is the ultimate accounting of what Russia is today, how it got there, and where it’s going.

    The sponsorship of extremist politics in Europe. War in Ukraine. In recent years, Vladimir Putin’s Russia has waged a concerted campaign to expand its influence and undermine Western institutions. But how and why did all this come about, and who has orchestrated it?In Putin’s People, the investigative journalist and former Moscow correspondent Catherine Belton reveals the untold story of how Vladimir Putin and the small group of KGB men surrounding him rose to power and looted their country. Delving deep into the workings of Putin’s Kremlin, Belton accesses key inside players to reveal how Putin replaced the freewheeling tycoons of the Yeltsin era with a new generation of loyal oligarchs, who in turn subverted Russia’s economy and legal system and extended the Kremlin's reach into the United States and Europe. The result is a chilling and revelatory exposé of the KGB’s revanche―a story that begins in the murk of the Soviet collapse, when networks of operatives were able to siphon billions of dollars out of state enterprises and move their spoils into the West. Putin and his allies subsequently completed the agenda, reasserting Russian power while taking control of the economy for themselves, suppressing independent voices, and launching covert influence operations abroad.Ranging from Moscow and London to Switzerland and Brooklyn’s Brighton Beach―and assembling a colorful cast of characters to match―Putin’s People is the definitive account of how hopes for the new Russia went astray, with stark consequences for its inhabitants and, increasingly, the world.

    Now, he's a man on a mission, the founder of Citizens for Affordable Energy, crisscrossing the country in a grassroots campaign to change the way we look at energy in this country. While pundits proffer false new promises of green energy independence, or flatly deny the existence of a problem, Hofmeister offers an insider's view of what's behind the energy companies' posturing, and how politicians use energy misinformation, disinformation, and lack of information to get and stay elected. He tackles the energy controversy head-on, without regard for political correctness. He also provides a new framework for solving difficult problems, identifying solutions that will lead to a future of comfortable lifestyles, affordable and clean energy, environmental protection, and sustained economic competitiveness.

    Beschloss is the author of Kennedy and Roosevelt: An Uneasy Alliance and Mayday: Eisenhower, Khrushchev, and the U-2 Affair. Photos.

    Political and business leaders such as former UK prime minister Tony Blair and WME chairman Ari Emanuel flew out to meet with the crown prince and came away convinced that his desire to reform the kingdom was sincere. He spoke passionately about bringing women into the workforce and toning down Saudi Arabia's restrictive Islamic law. He lifted the ban on women driving and explored investments in Silicon Valley.But MBS began to betray an erratic interior beneath the polish laid on by scores of consultants and public relations experts like McKinsey & Company. The allegations of his extreme brutality and excess began to slip out, including that he ordered the assassination of journalist Jamal Khashoggi. While stamping out dissent by holding 300 people, including prominent members of the Saudi royal family, in the Ritz-Carlton hotel and elsewhere for months, he continued to exhibit his extreme wealth, including buying a $70 million chateau in Europe and one of the world's most expensive yachts. It seemed that he did not understand nor care about how the outside world would react to his displays of autocratic muscle—what mattered was the flex.Blood and Oil is a gripping work of investigative journalism about one of the world's most decisive and dangerous new leaders. Hope and Scheck show how MBS' precipitous rise coincided with the fraying of the simple bargain that had been at the head of US-Saudi relations for more than 80 years: oil, for military protection. Caught in his net are well-known US bankers, Hollywood figures, and politicians, all eager to help the charming and crafty crown prince.The Middle East is already a volatile region. Add to the mix an ambitious prince with extraordinary powers, hunger for lucre, a tight relationship with the White House through President Trump's son in law Jared Kushner, and an apparent willingness to break anything—and anyone—that gets in the way of his vision, and the stakes of his rise are bracing. If his bid fails, Saudi Arabia has the potential to become an unstable failed state and a magnet for Islamic extremists. And if his bid to transform his country succeeds, even in part, it will have reverberations around the world.Longlisted for the Financial Times & McKinsey Business Book of the Year Award

    ambassador to Russia during the Obama administration, a revelatory, inside account of U.S.-Russia relations from 1989 to the presentIn 2008, when Michael McFaul was asked to leave his perch at Stanford and join an unlikely presidential campaign, he had no idea that he would find himself at the beating heart of one of today’s most contentious and consequential international relationships. As President Barack Obama’s adviser on Russian affairs, McFaul helped craft the United States’ policy known as “reset” that fostered new and unprecedented collaboration between the two countries. And then, as U.S. ambassador to Russia from 2012 to 2014, he had a front-row seat when this fleeting, hopeful moment crumbled with Vladimir Putin’s return to the presidency. This riveting inside account combines history and memoir to tell the full story of U.S.-Russia relations from the fall of the Soviet Union to the new rise of the hostile, paranoid Russian president. From the first days of McFaul’s ambassadorship, the Kremlin actively sought to discredit and undermine him, hassling him with tactics that included dispatching protesters to his front gates, slandering him on state media, and tightly surveilling him, his staff, and his family.From Cold War to Hot Peace is an essential account of the most consequential global confrontation of our time.

    As if rising from an uneasy grave, Palchinsky's ghost leads us through the miasma of Soviet technology and industry, pointing out the mistakes he condemned in his time, the corruption and collapse he predicted, the ultimate price paid for silencing those who were not afraid to speak out. The story of this visionary engineer's life and work, as Loren Graham relates it, is also the story of the Soviet Union's industrial promise and failure.We meet Palchinsky in pre-Revolutionary Russia, immersed in protests against the miserable lot of laborers in the tsarist state, protests destined to echo ironically during the Soviet worker's paradise. Exiled from the country, pardoned and welcomed back at the outbreak of World War I, the engineer joined the ranks of the Revolutionary government, only to find it no more open to criticism than the previous regime. His turbulent career offers us a window on debates over industrialization. Graham highlights the harsh irrationalities built into the Soviet system--the world's most inefficient steel mill in Magnitogorsk, the gigantic and ill-conceived hydroelectric plant on the Dnieper River, the infamously cruel and mislocated construction of the White Sea Canal. Time and again, we see the effects of policies that ignore not only the workers' and consumers' needs but also sound management and engineering precepts. And we see Palchinsky's criticism and advice, persistently given, consistently ignored, continue to haunt the Soviet Union right up to its dissolution in 1991.The story of a man whose gifts and character set him in the path of history, The Ghost of the Executed Engineer is also a cautionary tale about the fate of an engineering that disregards social and human issues.

    To carry out President Xi Jinping’s flagship foreign-policy effort, China promises to spend over one trillion dollars for new ports, railways, fiber-optic cables, power plants, and other connections. The plan touches more than one hundred and thirty countries and has expanded into the Arctic, cyberspace, and even outer space. Beijing says that it is promoting global development, but Washington warns that it is charting a path to global dominance. Taking readers on a journey to China’s projects in Asia, Europe, and Africa, Jonathan E. Hillman reveals how this grand vision is unfolding. As China pushes beyond its borders and deep into dangerous territory, it is repeating the mistakes of the great powers that came before it, Hillman argues. If China succeeds, it will remake the world and place itself at the center of everything. But Xi may be overreaching: all roads do not yet lead to Beijing.“A reality check on Beijing’s global infrastructure project.”—Peter Neville-Hadley, South China Morning Post"For all the hype and hand-wringing over how the [Belt and Road] could usher in the Chinese century, Hillman’s engaging mix of high-level analysis and fieldwork in more than a dozen countries paints a much more nuanced picture."—Keith Johnson, Foreign Policy