Lesson 8: Oil and Oligarchy in Putin’s Russia

February 12, 2019

Review:

  • European Union and Sovereign Debt

Presentation:

  • Russia and Central Asia Geography
  • Geopolitical Constraints (from Mapping Russia’s Strategy by George Friedman)
  • Oil & Gas Contribution to Russian Economy
    • ~15% of GDP
    • 52% of Government Revenue
    • >70% of Export Revenue
    • Sources: Worldbank, EIA
  • Oil Prices (NY Times article)
    • Putin elected President in 2000
    • Until 2015 oil prices had gone up steadily, except during the 2008-2009 global recession
  • Russian Oligarchy
    • Organized Crime power structure
    • Pay “tribute” to power brokers above you
    • Pueblo connection: EVRAZ owner Roman Abromovich (Forbes)
    • Putin’s Way (Frontline video)

Assignment:

Justin

Justin Holman is CEO of Aftermarket Analytics, where he leads efforts to develop cutting edge sales forecasting and inventory optimization technology for the Automotive Aftermarket. Prior to joining Aftermarket Analytics, Justin managed corporate consulting for the Strategy & Analytics division at MapInfo Corporation, leading major projects for retail clients including The Home Depot, Darden Restaurants, Bridgestone-Firestone, Sainsbury’s and New York & Company. Before that, Justin served as Vice President of Software Development at LogicTools, now part of IBM's supply chain application software group. Justin holds a B.A. from Claremont McKenna College, a Ph.D. from the University of Oregon and an Executive Management certificate from Northwestern University's Kellogg School of Management.

Leave a Reply