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This study attempts to present a broad picture of political, economic and social developments in Russia at the start of the 21st century. It provides an overview of the legacy of the Yeltsin era and attempts to outline major limitations and policy choices that Putin is facing. The book contains an in-depth analysis of power stuggles in Russia, the background to Vladimir Putin's rise to presidency, the role of oligarchs and other pressure groups in Russia. There is also a focus on economic, social and financial developments in Russia, with an overview of Russian foreign, military and social policies, as well as looking at its level of development when compared with other countries.