Political And Economic Transition In Russia
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Author | : Andrei Shleifer |
Publisher | : Mit Press |
Total Pages | : 223 |
Release | : 2001 |
Genre | : Business & Economics |
ISBN | : 9780262692694 |
A balanced look at Russia's attempts to build capitalism on the ruins of Soviet central planning. Recent commentators on Russia's economic reforms have almost uniformly declared them a disappointing and avoidable--failure. In this book, two American scholars take a new and more balanced look at the country's attempts to build capitalism on the ruins of Soviet central planning. They show how and why the Russian reforms achieved remarkable breakthroughs in some areas but came undone in others. Unlike Eastern European countries such as Poland or the Czech Republic, to which it is often compared, Russia is a federal, ethnically diverse, industrial giant with an economy heavily oriented toward raw materials extraction. The political obstacles it faced in designing reforms were incomparably greater. Shleifer and Treisman tell how Russia's leaders, navigating in uncharted economic terrain, managed to find a path around some of these obstacles. In successful episodes, central reformers devised a strategy to win over some key opponents, while dividing and marginalizing others. Such political tactics made possible the rapid privatization of 14,000 state enterprises in 1992-1994 and the defeat of inflation in 1995. But failure to outmaneuver the new oligarchs and regional governors after 1996 undermined reformers' attempts to collect taxes and clean up the bureaucracy that has stifled business growth.Renewing a strain of analysis that runs from Machiavelli to Hirschman, the authors reach conclusions about political strategies that have important implications for other reformers. They draw on their extensive knowledge of the country and recent experience as advisors to Russian policymakers. Written in an accessible style, the book should appeal to economists, political scientists, policymakers, businesspeople, and all those interested in Russian politics or economics.
Author | : Alan Smith |
Publisher | : Brookings Institution Press |
Total Pages | : 284 |
Release | : 2010-12-01 |
Genre | : Business & Economics |
ISBN | : 0815714270 |
The transition to a market economy proves to be far more difficult in Russia than in the former centrally planned economies of eastern Europe. The Russian economy continues to face serious problems, including substantial inflationary pressures, falling output, and capital flight. The most positive aspect of the transition has been the relatively fast pace of privatization. Challenges for Russian Economic Reform contains papers published by the post-Soviet Business Forum at the Royal Institute of International Affairs that have been revised for this volume. The contributers, specalists in Russian economic affairs, examine the principal economic and institutional factors that have hindered transformation in Russia. The sheer size of the country has complicated the problem of exposing domestic producers to foreign competition and has weakened the ability of central authorities to control the regions. Economic stabilization has been hampered by the difficulties in establishing sound economic relations with the former Soviet republics. David Dyker and Michael Barrow analyze the problems of monopoly and competition policy in Russia. Philip Hanson assesses the obstacles to economic stabilization posed by regional economic interests and examines regional diversity in reform implementation. Michael Kaser examines the problems of privatization by regions and sectors in Russia and the CIS and the institutional obstacles encountered by foreign investors. Alan Smith explores the problems created by the breakup of traditional trade and payment relations with the non-Russian republics of the former Soviet Union and bilateral trade links with Eastern Europe. He also provides an overall assessment of Russian economic performance since the collapse of communism.
Author | : Marshall I. Goldman |
Publisher | : Routledge |
Total Pages | : 328 |
Release | : 2003-04-10 |
Genre | : Business & Economics |
ISBN | : 1134376847 |
In 1991, a small group of Russians emerged from the collapse of the Soviet Union and enjoyed one of the greatest transfers of wealth ever seen, claiming ownership of some of the most valuable petroleum, natural gas and metal deposits in the world. By 1997, five of those individuals were on Forbes Magazine's list of the world's richest billionaires.
Author | : Michael Alexeev |
Publisher | : Oxford University Press |
Total Pages | : 864 |
Release | : 2013-06-04 |
Genre | : Business & Economics |
ISBN | : 0199344132 |
By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreign exchange reserves in the world, behind only China and Japan. But while this impressive economic growth has raised the average standard of living and put a number of wealthy Russians on the Forbes billionaires list, it has failed to solve the country's deep economic and social problems inherited from the Soviet times. Russia continues to suffer from a distorted economic structure, with its low labor productivity, heavy reliance on natural resource extraction, low life expectancy, high income inequality, and weak institutions. While a voluminous amount of literature has studied various individual aspects of the Russian economy, in the West there has been no comprehensive and systematic analysis of the socialist legacies, the current state, and future prospects of the Russian economy gathered in one book. The Oxford Handbook of the Russian Economy fills this gap by offering a broad range of topics written by the best Western and Russian scholars of the Russian economy. While the book's focus is the current state of the Russian economy, the first part of the book also addresses the legacy of the Soviet command economy and offers an analysis of institutional aspects of Russia's economic development over the last decade. The second part covers the most important sectors of the economy. The third part examines the economic challenges created by the gigantic magnitude of regional, geographic, ethnic, religious and linguistic diversity of Russia. The fourth part covers various social issues, including health, education, and demographic challenges. It will also examine broad policy challenges, including the tax system, rule of law, as well as corruption and the underground economy. Michael Alexeev and Shlomo Weber provide for the first time in one volume a complete, well-rounded, and essential look at the complex, emerging Russian economy.
Author | : |
Publisher | : Peterson Institute |
Total Pages | : 305 |
Release | : 2010 |
Genre | : |
ISBN | : 088132552X |
Author | : Mauro L. Baranzini |
Publisher | : Cambridge University Press |
Total Pages | : 521 |
Release | : 2015-04-30 |
Genre | : Business & Economics |
ISBN | : 1107079098 |
New approach to the economic theory of resources, showing the positive role that scarcities can play in triggering economic growth.
Author | : Andrew Melville |
Publisher | : Central European University Press |
Total Pages | : 512 |
Release | : 2005-07-20 |
Genre | : Political Science |
ISBN | : 9633863902 |
Through a compilation of foreign policy documents and statements, harnessed together by a section of analytic works, this book seeks to highlight the shift in Russian foreign policy at the beginning of the twenty-first century. This compilation presents the work of formative scholars in this field who are concerned with the evolution of Russia Foreign policy thinking and behavior. This volume compiles critical documents and statements (treaties, addresses and articles) that deal with the formation of new conceptions of security in the New World order. The articles critically evaluate the implications of these new initiatives and lend insight to these documents and statements in practice. They address a wide range of topics from the crisis in Kosovo to domestic Russian policy, with an eye to the future of Russian policy.
Author | : Grigory Yavlinsky |
Publisher | : Columbia University Press |
Total Pages | : 188 |
Release | : 2019-02-19 |
Genre | : Political Science |
ISBN | : 0231548826 |
A quarter century after the fall of the Soviet Union, Russia once again looms large over world affairs, from Ukraine to Syria to the 2016 U.S. election. Yet how power works in present-day Russia—how Vladimir Putin came to power and maintains his rule—remains opaque and often misunderstood. In The Putin System, Russian economist and opposition leader Grigory Yavlinsky explains his country’s politics from a unique perspective, voicing a Russian liberal critique of the post-Soviet system that is vital for the West to hear. Combining the firsthand experience of a practicing politician with academic expertise, Yavlinsky gives unparalleled insights into the sources of Putin’s power and what might be next. He argues that Russia’s dysfunction is neither the outcome of one man’s iron-fisted rule nor a deviation from the supposedly natural development of Western-style political institutions. Instead, Russia’s peripheral position in the global economy has fundamentally shaped the regime’s domestic and foreign policy, nourishing authoritarianism while undermining its opponents. The quasi-market reforms of the 1990s, the bureaucracy’s self-perpetuating grip on power, and the Russian elite’s frustration with its secondary status have all combined to enable personalized authoritarian rule and corruption. Ultimately, Putin is as much a product of the system as its creator. In a time of sensationalism and fear, The Putin System is essential reading for anyone seeking to understand how power is wielded in Russia.
Author | : Martin Myant |
Publisher | : Wiley Global Education |
Total Pages | : 418 |
Release | : 2012-04-13 |
Genre | : Business & Economics |
ISBN | : 1118138090 |
Transition Economies provides students with an up-to-date and highly comprehensive analysis of the economic transformation in former communist countries of Eastern and Central Europe and countries of the former Soviet Union. With coverage extending from the end of central planning to the capitalist varieties of the present, this text provides a comparative analysis of economic transformation and political-economic diversity that has emerged as a direct result. It covers differences between countries in terms of economic performance and integration into the world economy. Transition Economies seeks to explain and deepen understanding of these differences, chart the emerging forms of capitalism there, and provide country responses to the world financial crisis of 2008-2009.
Author | : Branko Milanovi? |
Publisher | : World Bank Publications |
Total Pages | : 256 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : 9780821339947 |
World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.