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One of the dominant export-oriented industries in Russia, oil is a major source of tax revenue and wealth. The privatization of these vast assets has made the industry a site not only for conflict between power holders but also a strategic target for international corporations and Western governments. In this thoughtful analysis, a group of international specialists explores the political and economic issues and controversies surrounding the oil industry's move to capitalism. The authors examine the spread of crime and corruption, the role of Russian and Western financial institutions,...

This is an up-to-the-minute revised edition of a text which, since its publication in 1990, has been extremely influential. The great changes of the past 18 months have entailed a comprehensive updating of the book. This edition takes account of new developments that include the independence of the Baltic states and the treaty which sparked 1991's attempted coup.

David Lane provides a contextual understanding of Lenin's writings and their relevance to contemporary political action.