minigarch
English
Alternative forms
- mini-garch
Noun
minigarch (plural minigarchs)
- (chiefly concerning the former Soviet Union) A petty oligarch, one with somewhat less money or power.
- 2006, Adrian Karatnycky, “The Fall and Rise of Ukraine’s Political Opposition: From Kuchmagate to the Orange Revolution,” in Anders Åslund, Michael McFaul, eds., Revolution in Orange: The Origins of Ukraine’s Democratic Breakthrough, Washington DC: Carnegie Endowment for International Peace, →ISBN, p 37:
- Financial and economic groups, which emerged as a result of the Yushchenko-inspired boom with an average growth rate in the gross national income of 9 percent since the year 2000, had created a new generation of “minigarchs.” They resented rampant corruption in tax administration and government and were angry at the plunder of the country by a narrow group of oligarchic billionaires backing the incumbent power elite and its candidate, Yanukovych.
- 2006, Adrian Karatnycky, “The Fall and Rise of Ukraine’s Political Opposition: From Kuchmagate to the Orange Revolution,” in Anders Åslund, Michael McFaul, eds., Revolution in Orange: The Origins of Ukraine’s Democratic Breakthrough, Washington DC: Carnegie Endowment for International Peace, →ISBN, p 37:
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