Alexandr Serebrovskiĭ and the Modernization of the Soviet Oil Industry—1924 to 1929
Bibliographic Data
| ID | 12428816 |
|---|---|
| Authors | Jonathan Sicotte (Post-Doctoral Researcher, Department of Russian History, Faculty of Humanities and Social Sciences, People’s Friendship University of Russia Moscow Russia, corresponding author) |
| Year | 2021 |
| Volume | 48 |
| Issue | 3 |
| Pages | 315-344 |
| Publication date | 2021-04-15 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Soviet and Post-Soviet Review (JOURNAL) |
| Journal identifiers | ISSN: 1075-1262 • E-ISSN: 1876-3324 |
| Publisher | Brill (PUBLISHER • NL) |
| DOI | 10.30965/18763324-bja10032 |
| OpenAlex | W3153755514 |
| Language | EN |
| References cited | 8 |
Baku, the center of the Russian and then Soviet oil industry, represented the raw economic potential of early Soviet industry. At the head of the industry was Alexandr Serebrovskiĭ, head of Azneft, the largest Soviet oil trust, and a pivotal figure in reviving Soviet oil production across the 1920s. His trip to the United States in 1924 and his subsequent plan to restore Baku’s productive capacity via American technology and methodology would not only improve the industry’s output but allow Azneft to directly compete with American oil companies on the international stage, thus demonstrating the latent potential of the Soviet Union for exportation. However, while this project seemed initially successful, it created a difficult fiscal legacy as Azneft became increasingly financially insolvent across the 1920s
Business · Economic policy · Economics · Economy · Exportation · Modernization theory · Petroleum industry · Political science · Politics · Soviet union · Engineering · Historical Studies and Socio-cultural Analysis · Law
| Citation velocity | historical |
|---|---|
| Highly cited | No |