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Zero Sum: The Arc of International Business in Russia

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From communism to capitalism to collapse, the highs and lows of doing business in post-Soviet Russia.

 

When the hammer and sickle came down in late 1991, Russia’s feverish new market opened for business. From banking to breweries, sectors emerged out of nowhere, in a country that had never had a functioning economy. For the next three turbulent decades, a wild, proto-capitalist free-for-all transformed Russian society.

Then, in 2022, Putin launched the full-scale invasion of Ukraine. The market started to collapse; Western firms fled Moscow’s skyscrapers. No country this large had ever remade itself so dizzyingly – now, just as dramatically, it was over. The intervening decades had seen phenomenal successes and crushing failures; the creation and destruction of enormous fortunes. How did it all happen?

Zero Sum brings to life the complex, vivid colour of one of the greatest experiments in the history of global commerce. What have businesses learnt—or failed to learn—from this adventure, both about Russia and about dynamics between countries and companies in the face of relentless change?

Συγγραφέας: Hecker Charles
Εκδότης: HURST PUBLISHERS
Σελίδες: 424
ISBN: 9781805264460
Εξώφυλλο: Μαλακό Εξώφυλλο
Αριθμός Έκδοσης: 1
Έτος έκδοσης: 2026

Dedication

A note on sources

Preface

Chapter One: The phone rings

Chapter Two: Was it ever thus?

Chapter Three: The “unbreakable union”

Chapter Four: The Backdrop

Chapter Five: The walls couldn’t talk, but they could listen

Chapter Six: Joint Adventures

Chapter Seven: Insecurities

Chapter Eight: Two systems, one country

Chapter Nine: The valerian days

Chapter Nine-and-a-half: Time out

Chapter Ten: “Who’s the boss?”

Chapter Eleven: That time compliance was sexy

Chapter Twelve: You can’t go home again

Acknowledgements

Charles Hecker has spent forty years travelling and working in the Soviet Union and Russia. He has worked as a journalist and a geopolitical risk consultant and has lived in Miami and Moscow. He currently resides in East London. A fluent Russian speaker, he holds degrees from the University of Pennsylvania and Harvard University.

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