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 | : 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 | : 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 | : David A. Dyker |
| Publisher | : World Scientific |
| Total Pages | : 332 |
| Release | : 2012 |
| Genre | : Political Science |
| ISBN | : 1848167822 |
This book addresses one of the fundamental problems in Russian society, and in Russia's relations with the rest of the world. Why do Russians tend to react differently from ?us? in given diplomatic or business situations? Why do they find the notion of a contract difficult to grasp? Why do they seem hostile to the principle of the level playing field? How do they see Russia's position within the globalised economy? In order to probe these issues, the author begins with a historical analysis, looking at the pattern of political and economic development since Tsarist times, always asking the questions: What is unique to Russia in all this, and which unique features tend to recur in different periods? In seeking to illuminate the interface between Russia and the world, the author also examines Russia's attitude to itself, and to its own resources ? natural and human ? to land as an agricultural resource, and later oil and gas; and to people ? as cheap labour and as highly trained scientific personnel. This book is firmly based on scholarly sources, in English, French and Russian, but aims to go beyond the academic audience to address the concerns of people encountering Russians and Russian organizations in their everyday lives.
| Author | : Bruno S. Sergi |
| Publisher | : Emerald Group Publishing |
| Total Pages | : 287 |
| Release | : 2018-11-06 |
| Genre | : Business & Economics |
| ISBN | : 1787693988 |
Based on the 2017 conference "'New Reality' and Russian Markets" held at Harvard University, this book brings together world-renowned thinkers to offer the latest empirical research on recent financial risks, institutional policies, and financial stability.
| Author | : P. Chaisty |
| Publisher | : Springer |
| Total Pages | : 256 |
| Release | : 2006-04-12 |
| Genre | : Political Science |
| ISBN | : 0230501699 |
Chaisty looks at the legislative actors and institutions that have shaped economic law making in Russia since 1990. Assessing the influence of partisan, bureaucratic, regional and corporate interests in Russia's post-communist parliaments, the book considers Russia's political stability and economic development.
