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Title: State policies towards foreign Investment in the energy sector : a comparative study of Russia and Kazakhstan, 1991-2011
Author: Guluzian, Christine Rachel
ISNI:       0000 0004 2745 1848
Awarding Body: University of Oxford
Current Institution: University of Oxford
Date of Award: 2012
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During the transition era, economic resurgence in post-Soviet petro-states, such as Russia and Kazakhstan, was decisively fuelled by an abundance of oil and gas resources during a time of high and long-sustained demand for hydrocarbons in the world market. Thus, these states' energy sectors acted as the cornerstone of their post-Soviet economic and political development. However, in regard to foreign investment in their energy sectors, the governments of the different former Soviet states took strikingly different approaches: Russia for instance imposed restrictions on foreign economic groups, while Kazakhstan was more receptive to foreign investment in the sector. Given their shared economic and political background in the Soviet era discovering what accounts for this policy trend helps understand the divergence in the transition experience and more deeply rooted differences. This policy-oriented study examines perceptions, chiefly by interviews, and foreign investment strategies in the energy sector. It assesses institutional, economic and social background factors shaping perception and, to the degree that it can be determined, policy-making in post-Soviet Russia and Kazakhstan.
Supervisor: Leonard, Carol S. Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available
Keywords: Development economics ; Transition economics ; Global economic governance ; International studies ; Public policy ; Political ideologies ; political science ; policy studies ; political institutions