Download or read book Russia s Virtual Economy written by Clifford G. Gaddy and published by Brookings Institution Press. This book was released on 2002 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clifford Gaddy's and Barry Ickes' thesis-- that Russia's economy is based on illusion or pretense about nearly every important economic yardstick, including prices, sales, wages and budgets-- has forced broad recognition of the inadequacies of the intended market reform policies in Russia and provided a coherent framework for understanding how and why so much of Russia's economy has resisted reform.
Download or read book A Model of Russia s Virtual Economy written by R.E. Ericson and published by . This book was released on 2000 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Model of Russia s virtual Economy written by R. E. Ericson and published by . This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Russian Economy has evolved into a hybrid form, a partially monetized quasi-market system that has been called the virtual economy. In the virtual economy, barter and non-monetary transactions play a key role in transferring value from productive activities to the loss-making sectors of the economy. We show how this transfer takes place, and how it can be consistent with the incentives of economic agents. We analyze a simple partial-equilibrium model of the virtual economy, and show how it might prove an obstacle to industrial restructuring and hence marketizing transition. Published in: Review of Economic Design vol 6, issue 2 (2001) pp. 185-214, ISSN 1434-4742.
Download or read book The Political Economy of Russia written by Neil Robinson and published by Rowman & Littlefield Publishers. This book was released on 2012-07-13 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book explores Russia’s political development since the collapse of the USSR and how inextricably it has been bound up with economic change. Tracing the evolution of Russia’s political economy, leading scholars consider how it may continue to develop going forward. They assess the historical legacies of the Soviet period, showing how—despite policies implemented after the USSR dissolved in 1991—there are ongoing bitter battles over property and state revenues, over land, and over welfare. The book puts these domestic issues in international and comparative perspective by considering Russia’s position in the global economy and its growing role as a major energy producer. Focusing especially on the nature and future of Russian capitalism, the contributors weigh the political problems that confront Russia in its ongoing struggle to modernize and develop its economy. Contributions by: Andrew Barnes, Paul T. Christensen, Linda J. Cook, Gerald M. Easter, Neil Robinson, Richard Sakwa, and Stephen K. Wegren.
Download or read book Exploring the Future of Russia s Economy and Markets written by Bruno S. Sergi and published by Emerald Group Publishing. This book was released on 2018-11-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book At a Crossroads written by Sergey Kulik and published by McGill-Queen's Press - MQUP. This book was released on 2019-02-28 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization proceeds apace, taking on new forms that impact global economic, financial and social processes. Interdependence is not simply strengthening the range of possibilities for national economies to participate in, and advantage of, these developments, but expanding the opportunities that are available to them. The question is how do states take advantage of these global developments. Russia is no exception. Although it actively participates in the globalization process, it is, however, confronting greater economic, technological, structural and institutional problems than other countries. At the same time, there is dwindling hope for favourable conditions to continue in global energy markets, which are crucial to the Russian economy. These problems exist alongside the risk that the widening gap between Russia and other economies in terms of economic performance and technological development and growth will continue. Russia now stands at the crossroads of either overcoming or exacerbating these current challenges. This choice dictates the current realities of pax economica. Moscow must, in the very near future, make meaningful, if not fundamental, decisions aimed at further opening its economy, improving its institutions, and strengthening its international ties. This task is made more difficult by Russia's weakening competitiveness and by its ambiguous position on the international division of labour. The old model of Russian development has been exhausted and a new one must be chosen. Russia's choice at this juncture will determine the future of its economic development for many years to come.
Download or read book Bear Traps on Russia s Road to Modernization written by Clifford G. Gaddy and published by Routledge. This book was released on 2013-08-21 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bear Traps examines Russia’s longer term economic growth prospects. It argues that Russia’s growth challenges are conventionally misdiagnosed and examines the reasons why: a spatial misallocation that imposes excess costs on production and investment; distortions to human capital; an excessively high relative price of investment that serves as a tax on physical capital accumulation; and an economic mechanism that inhibits adjustments that would correct the misallocation. Bear Traps explains why Soviet legacies still constrain economic growth and outlines a feasible policy path that could remove these obstacles. The most popular proposals for Russian economic reform today — diversification, innovation, modernization — are misguided. They are based on a faulty diagnosis of the country’s ills, because they ignore a simple reality: Russia’s capital, both physical and human, is systematically overvalued, owing to a failure to account for the handicap imposed by geography and location. Part of the handicap is an unavoidable consequence of Russia’s size and cold climate. But another part is self-inflicted. Soviet policies placed far too much economic activity in cold, remote locations. Specific institutions in today’s Russia, notably its federalist structure, help preserve the Soviet spatial legacy. As a result, capital remains handicapped. Investments made to compensate for the handicaps of cold and distance should properly be treated as costs. Instead, they are considered net additions to capital. When returns to what appear to be large quantities of physical and human capital fail to satisfy expectations, the blame naturally goes to poor institutions, corruption, backward technology, and so on. Policy proceeds along the wrong path, with costly programs that can end up doing more damage than good. The authors insist that the goal should be to seek to remove the handicaps rather than to spend to compensate for them. They discuss how Russia could develop a modernization program that would let the nation finally focus on its economic advantages, not its handicaps.
Download or read book VIRTUAL REALITY written by GARY KRUEGER and published by . This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Networks in the Russian Market Economy written by M. Lonkila and published by Springer. This book was released on 2010-11-17 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: A PDF version of this book is available for free in open access via the OAPEN Library platform, www.oapen.org. This book examines the significance of networks among the firms operative in the contemporary Russian software industry in the St. Petersburg region.
Download or read book Russia in the 21st Century written by Steven Rosefielde and published by Cambridge University Press. This book was released on 2005 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sample Text
Download or read book Russia In The New Century written by Victoria Bonnell and published by Routledge. This book was released on 2018-03-05 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: What has happened to Russia since the collapse of communism in 1991 and where is the country going in the new century? Russia has escaped widespread social disorder or political collapse, but few observers would argue that the situation has stabilized. Seventeen distinguished scholars from the United States, Russia, and Europe analyze the institutions, social forces, and ideas that are transforming Russia and are, in turn, being transformed in Russia today. The first multidisciplinary assessment of the Yeltsin era, Russia in the New Century: Stability or Disorder? focuses on superpresidentialism, the Constitutional Court, the military, the virtual economy, the network society, organized crime, the new entrepreneurs, workers, survival networks, Russian political parties and nationalism, and the crisis in Dagestan. Thirteen essays and the editors' introduction offer new perspectives on Russia's prospects for stability and disorder in the twenty-first century.
Download or read book Russia Business written by Olga Medinskaya and published by Springer Nature. This book was released on 2021-08-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide in a compact format on doing business in Russia. This book contains everything business-minded individuals need to know, using practical information and numerous tips to succeed in Russia. ‘Russia Business’ discusses the economy, highlights the challenges Russia would face after the Coronavirus crisis, and covers key societal topics. In addition, it gives a greater insight into the work culture, business regulation and provides first-hand advice on how to manage a business in Russia.This book covers topics of interest to business professionals looking to enter the Russian market, to grow their Russian operations, and to all managers who intend to update their knowledge about Russia in relevant business areas.
Download or read book Russian and Soviet Economic Performance and Structure written by Paul R. Gregory and published by Pearson. This book was released on 2001 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Seventh Edition of Russian and Soviet Economic Performance and Structure offers students a balanced perspective in understanding the Soviet past and Russia's present and future. With thorough coverage of the Soviet legacy, the transition, and the contemporary Russian economy, the text allows instruction from either ahistorical or contemporary perspective. *NEW! A major update of the critical economic issues in contemporary Russia at the dawn of the twenty-first century. *NEW! Increased coverage of the critical energy and agriculture sectors of key issues such as privatization where more and better evidence is now available. *NEW! An assessment of a full ten years of Russian economic performance under transition, including increased emphasis on the basic issues in transition and the important differences between Russia and other transition economies. *NEW! Updated terminology for easier reference by students. *Allows flexible teaching choices. New contemporary focus still allows instructors the flexibility to teach the course from a historical perspective. *Authors are established, active scholars who are widely known and well respected in the field of comparative economic syste
Download or read book Modeling Economic Growth in Contemporary Russia written by Bruno S. Sergi and published by Emerald Group Publishing. This book was released on 2019-05-23 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia is one of the world's largest growing economies. With this exciting new growth and development, there is a wealth of knowledge to be discovered from the strategies and models being used and created throughout Russia's economy.
Download or read book Dismantling Russia s Nonpayments System written by Brian Pinto and published by World Bank Publications. This book was released on 2000-01-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: One question preoccupies many scholars and practitioners: How can economic growth in the Russian Federation be reinvigorated? This report contributes to the current debate.Nonpayments in Russia evolved into a complex, inter-linked system over the latter half of the 1990s, becoming one of the most critical issues facing policymakers. This paper analyzes this system, including its origins, its evolution, the factors that now perpetuate it, and its costs, and identifies a minimum set of economic reforms needed to dismantle it. The paper also proposes answers to key questions about nonpayments, including: • How has its course been influenced by government policy at the federal and subnational levels? • What are the links with macroeconomic policy? • What is the role of the energy sector, and how has the system affected the way businesses operate? • What are the implications for economic growth? • How indeed, as part of Russia's transition to a monetized, market economy, did the nonpayments system come to exert a stranglehold on virtually every aspect of the economy? This report will be of interest to policymakers and economists interested in transition economies.
Download or read book Swords into Market Shares written by a Joseph Henry Press book and published by Joseph Henry Press. This book was released on 2000-12-08 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: While researching this book, Glenn Schweitzer met four Moscow physicists who were trying to license Russian technology to western firms for product manufacture. During the worst times, they were reduced to driving taxis to keep things afloat. He asked them, will technological innovation have a discernible impact on the Russian economy in the coming decade? No, was the immediate reply. Are they right? In Swords into Market Shares, Schweitzer examines the roots of such pessimism and the prospects for Russia to prosper from its technology in the post-Soviet world. He explores the different visions of prosperity held by entrepreneurs, technologists, and government officials and goes on to examine the barriers to progress as Russia struggles to build a viable technology industry on its own terms. In accessible language, this book talks about technology's place within Russia's economy and its research and development infrastructure. Schweitzer looks at the impact of the Soviet legacyâ€"central planning, lack of priorities, scant incentives for personal initiativeâ€"and the aftermath of the Russian financial meltdown of 1998. He also reviews the experiences of American companies that have invested in Russian technology and examines the results of pressure to reform according to the economic model of the West. Schweitzer goes on to document the problems of economic crime and government corruption, which plague activities designed to generate income in Russia. He discusses the lack of protection for intellectual property and taxation issues that stand in the way of technological innovation. The book looks at the impact of the "brain drain" as Russian experts seek greener pasturesâ€"not only the ominous recruitment of Russian biological weapons experts and the acquisition of military technology by "rogue" nationsâ€"but also Russia's own program to sell military technology for badly needed funds. Schweitzer's use of case studies and examples puts a human face on these issues. He also discusses Russia's 60 "science cities"â€"sites of state research centersâ€"with close-ups of three "nuclear cities." Can the technical strengths of the Soviet military complex find a place in civilian Russia? How can this vast country sustain even a minimal standard of living? Swords into Market Shares addresses these and other key questions and explores fundamental policy issues confronting both Russia and the United States as Russia struggles for an economic foothold.
Download or read book Economic Developments in Contemporary Russia written by Ian Jeffries and published by Taylor & Francis. This book was released on 2011-03-07 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview of economic developments in Russia since the late 1990s. Key subjects covered include economic transition, privatization and liberalization, changes in land ownership and agriculture, energy, foreign direct investment, economic stabilization, and economic performance.
