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, regional tensions, and the international dimension.

Chapter 1 Introduction Part 2 Part I: The Evolution of the Post-Soviet Oil Industry Chapter 3 Structure and Ownership Chapter 4 Banks and the Financial Sector Chapter 5 The Oil Elite: Background and Outlook Chapter 6 Corruption and Crime in the Russian Oil Industry Part 7 Part II: Russian Oil and the Regions Chapter 8 Tiumen, Decentralization and Center-Periphery Tension Chapter 9 Federalization and the West Siberian Oil and Gas Province Part 10 Part III: International and Foreign Policy Implications Chapter 11 Oil, Politics, and Foreign Policy Chapter 12 Russian Interference in the Caspian Sea Region: Dplomacy Adrift

David Lane is reader in sociology and fellow of Emmanuel College, Cambridge University.