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The Ukrainian oligarchy after the Euromaidan

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How did the Ukrainian oligarchy endure the upheaval of the Euromaidan revolt in 2013/2014? This analysis explores the survival of the super-rich in Ukraine from 2006 to 2017, focusing on how they transformed wealth into political power through vote-buying in the Verkhovna Rada and converted political influence back into wealth via elite rent-extraction in the gas sector. A central argument posits that the continuity of informal practices and networks during the Yanukovych and Poroshenko presidencies perpetuated the existing political economy regime. The study conceptualizes the oligarchy's processes as a “currency flow,” illustrating the circuit of wealth and power. It contributes to the understanding of informally dominated post-communist political economies with a detailed case study of Ukraine. The work is recognized for its ambitious scope and thorough empirical investigation into a defining aspect of Ukrainian politics, effectively combining theories of oligarchy and national prosperity.

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The Ukrainian oligarchy after the Euromaidan, David Dalton

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2023
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