Russia’s Crony Capitalism: The Path from Market Economy to Kleptocracy

May 7, 2019 - 4:00 pm

Please join the Atlantic Council for the launch of Anders Åslund’s book Russia’s Crony Capitalism: The Path from Market Economy to Kleptocracy on Tuesday, May 7, 2019 from 4:00 p.m. to 5:30 p.m. at the Atlantic Council headquarters (1030 15th Street NW, 12th Floor, West Tower Elevators, Washington, DC 20005).

In his new book, Eurasia Center’s senior fellow Anders Åslund explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism. Dr. Åslund discusses what this means for Russia and assesses Putin’s personal wealth.


At this event, the Atlantic Council’s Eurasia Center will host a panel discussion with a group of experts to reflect on how the Russian economic system has developed under Putin’s leadership and its implications for Russia’s future. The event will be followed by a reception.

We hope you can join us for this informative discussion.

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Keynote Remarks:

The Hon. Sheldon Whitehouse

Senator for Rhode Island

US Senate

A discussion with:

Dr. Anders Åslund

Senior Fellow, Eurasia Center

Atlantic Council

Dr. Michael Carpenter

Senior Fellow, Eurasia Center

Atlantic Council;

Senior Director

Penn Biden Center for Diplomacy and Global Engagement

Ms. Karen Greenaway

Former Supervisory Special Agent, International Corruption Unit

Federal Bureau of Investigation

Moderated by:

Ms. Susan Glasser

Staff Writer

The New Yorker