Download or read book Changing the Economic System in Russia written by Anders Åslund and published by Burns & Oates. This book was released on 1993 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this volume, who include Russian ministers and advisors and key Western consultants, provide an insider-analysis of the changes to the economic system in Russia.
Download or read book The Challenges for Russia s Politicized Economic System written by Susanne Oxenstierna and published by Routledge. This book was released on 2015-04-10 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the early 2000s the market liberalization reforms to the Russian economy, begun in the 1990s, were consolidated. But since the mid 2000s economic policy has moved into a new phase, characterized by more state intervention with less efficiency and more structural problems. Corruption, weak competitiveness, heavy dependency on energy exports, an unbalanced labour market, and unequal regional development are trends that have arisen and which, this book argues, will worsen unless the government changes direction. The book provides an in-depth analysis of the current Russian economic system, highlighting especially structural and institutional defects, and areas where political considerations are causing distortions, and puts forward proposals on how the present situation could be remedied.
Download or read book The Piratization of Russia written by Marshall I. Goldman and published by Routledge. This book was released on 2003-04-10 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Oxford Handbook of the Russian Economy written by Michael Alexeev and published by Oxford University Press. This book was released on 2013-06-04 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Russian Economy a Very Short Introduction written by Richard Connolly and published by Oxford University Press, USA. This book was released on 2020-07-23 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia today is as prominent in international affairs as it was at the height of the Cold War. Yet the role that the economy plays in supporting Russia's position as a 'great power' on the international stage is poorly understood. For many, Russia's political influence far exceeds its weight in the global economy. However, Russia is one of the largest economies in the world; it is not only one of the world's most important exporters of oil and gas, but also of other natural resources, such as diamonds and gold. Its status as one of the largest wheat and grain exporters shapes commodity prices across the globe, while Russia's enormous arms industry, second only to the United States, provides it with the means to pursue an increasingly assertive foreign policy. All this means that Russia's economy is crucial in serving the country's political objectives, both within Russia and across the world. Russia today has a distinctly political type of economy that is neither the planned economy of the Soviet era, nor a market-based economy of the Euro-Atlantic variety. Instead, its economic system is characterised by a unique blend of state and market; control and freedom; and natural resources alongside human ingenuity. The Russian Economy: A Very Short Introduction introduces readers to the dimensions of the Russian economy that are often ignored by the media and public figures, or exaggerated and misunderstood. In doing so, it shows how Russia's economy is one of global significance, and helps explain why many of Russia's enduring features, such as the heavy hand of the state and the emphasis on military-industrial production, have persisted despite the immense changes that took place after the disintegration of the Soviet Union in 1991. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
Download or read book Russian Economic Reform written by James Leitzel and published by Routledge. This book was released on 2005-06-22 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transitions from socialism to capitalism are complex, both in theory and practice. Russian Economic Reform enables the reader to come to a much better understanding of these momentous changes, by providing a clear and accessible account of the major features of transition. It argues that attempts to portray the reform process is a disaster are misconceived, because they fail to take account of just how badly the pre-reform economy was doing. Many of the problems that are emerging now have their antecedents in the earlier economic system.
Download or read book Russia s Economy in an Epoch of Turbulence written by Vladimir Mau and published by Routledge. This book was released on 2017-11-27 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the course of the last thirty years post-communist Russia has either been struggling with crises, discussing the lessons learned from past crises, or attempting to trace the contours of future crises. Based on the author’s own experiences and his research over this long period, this book traces the logic of the development of the crises and the anti-crisis policies, and shows the continuity, or discontinuity, in determining particular solutions. It demonstrates how perceptions of the priorities for economic policy, and the problems of economic growth and the formation of a new model and its alternatives were formed and how they changed. It also outlines the evolution of ideas about the role of social politics and human capital sectors in addressing anti-crisis and modernization issues, and discusses the changing views on the institutional and structural priorities for Russia’s development. This is an important book on an economic subject of crucial global significance by a leading participant.
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 Re Examining the History of the Russian Economy written by Jeffrey K. Hass and published by Springer. This book was released on 2018-06-14 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the application of field theory (patterns of interaction) to Russian economic history, and how social and political fields mediate the influences of institutions, structures, discourses and ideologies in the creation and dissemination of economic thinking, theory and practice. Using focused cases on Russia's economy from the mid-nineteenth century to the present, Hass and co-authors expand the empirical basis of field studies to provide new material on Russian economic history. The cases are divided into two complementary halves: i) The role of fields of institutions, discourses, and structures in the development of Russian economic thought, especially economic theories and discourses; and ii) The role of fields in the real adoption and implementation of policies in Soviet and Russian economic history. With developed discussion of fields and field theory, this book moves beyond sociology to demonstrate to other disciplines the relation of fields and field theory to other frameworks and methodological considerations for field analysis, as well as providing new empirical insights and narratives not as well-known abroad.
Download or read book Restructuring Stabilizing and Modernizing the New Russia written by Paul J. J. Welfens and published by Springer Science & Business Media. This book was released on 2000 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: P.J.J. Welfens, Y. Gavrilenkov: Introduction.- The Russian Transformation Crisis: P.J.J. Welfens: Efficient External Liberalization in Russian Transformation.- Introduction.- Traditional and New Approaches for External Liberalization.- Policy Conclusions for Russia.- T. Komulainen: Currency Crisis Theories - Some Expanations for the Russian Case.- Introduction.- Currency Crisis Theories.- Conclusion.- R. Wiegert: Banking Sector and Financial Intermediation in the Russian Transformation Process.- Systemic Transformation, Growth Requirements and Financial Stability.- The Role of the Banking Sector.- Consequences for the Russian Banking Sector.- R. Grinberg: Institutional Failures of Market Transformation of the Russian Economy.- Introduction.- Examples of Institutional Failures in the Reform Policy in Russia.- The West in the Trap of Self-deception.- Russia Between Old and New Institutions.- The Reform of Institutional Basis of Economic Policy in Russia.- V. Gligorov, N. Sundstrom: Russian Crisis: Causes, Developments, Contagion and Prospects.- Introduction.- Constitution and Transformation.- Budgets, Markets and Banks.- Policy Responses and Mistakes.- The Collapse and Contagion.- Russian Prospects.- Conclusion.- Restructuring in Transition Economies: R. Döhrn: Foreign Direct Investment in Russia: An Engine of Structural Adjustment?.- Statistical Background.- Determinants of FDI and Projections for Russia.- FDI, Capital Formation, and Structural Change.- Conclusions.- G. Serebryakov: Russian Economy: Structural Change and Econometric Prospective.- Aggregate Econometric Macro Model for Russian Economy.- RIM - Russian Inter-industry Model.- Modeling and Some Specific Features of Russian Economy.- Economic Growth and Structural Change in 1990 - 1997.- Issues on Laborand Capital Costs Analysis.- Some Issues in Current Economic Development and Perspective Model Simulations.- Z. Ludvig: Economic Opening-Up, Policy Reforms and Relations with International Organizations: A Parallel between Hungary and Russia - Some Major Differences and Similarities.- Economic Opening-up and the Role of Foreign Trade Liberalization.- Relationship with International Organizations.- Stabilizing Russia: E. Gavrilenkov: Introduction.- The Impact of Monetary Policy on Macroeconomic Performance in Present Russia and Some Political Economy Issues.- The Conduct of Monetary Policy in Russia in the Context of International Experience and Conducting of Monetary Policy with Different Regimes.- Monetary Policy, Liquidiy Problems and Foreign Debt Service.- M. Vogelsang: Russian Capital Markets and International Financial Flows.- Introduction.- Some Questions on Recent Financial Crises.- The Model.- Capital Markets and Economy`s Wealth.- Exit Tax.- Some Remarks on Tax and Other Capital Controls.- Conclusion.- C. Faber, H. Strohe: Consumer Prices in Russia and Transforming Official Statistics.- Preface.- Some Short Methodological Notes Concerning the Russian CPI.- The Development of Russian CPI within the 90s.- A Comparison of CPI Development with other Economic Indicators.- Problems Concerning the Statistics of Consumer Prices.- Recommendations.- F. Bohn: The Rationale for Seigniorage in Russia - A Model-Theoretic Approach.- Introduction.- Economic and Political Model Components.- A Formal Intertemporal Model.- Conclusion and Outlook.- U. Thießen: Overcoming the Russian Banking Crisis: Theory, Some Empirical Findings and Policy Options.- Introduction.- Background of the Banking Crisis, Economic Costs, and Approach of the Authorities.- Modern Theoretical Findings of the Workings of Financial Markets and
Download or read book Kremlin Capitalism written by Joseph R. Blasi and published by Cornell University Press. This book was released on 2018-10-18 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to describe Russia's massive economic transformation for an American audience, Kremlin Capitalism provides a wealth of data and analyses not previously available in this country. The authors articulate the political and economic goals of Russian privatization, examine the current ownership of the largest enterprises in Russia, and chart the serious problem of corporate governance in the new private businesses. Kremlin Capitalism is based on the only continuous study of Russian privatization throughout the Russian Federation from 1992 to the present. The authors tracked down the story of the transition in the cities, towns, and villages of fifty of Russia's eighty-nine provinces, updating their findings after the June 1996 election. The result is an up-to-the-minute report of the largest property transfer in history and an analysis of one of this century's most significant economic transformations. The volume also characterizes the position of workers in terms of unemployment, wages, union power, and their changing role as employee shareholders.What really happened when Russia privatized its economy? The Kremlin brokered the initial struggle among different interest groups eager to claim a portion of Russian property: workers, managers, the Mafia, the old Soviet bureaucracy, regular citizens, entrepreneurs, Russian banks, and foreigners. While competing with one another, all struggled to free themselves from seventy years of Communist economic culture. Four years after the process began, have large companies learned to offer goods and services profitably and pay dividends to shareholders? Individual stories come alive as the book explores problems Russians face in structuring a new economic system, defining the ownership and governance of thousands of corporations one by one. Russian economic practices are being forged in the heat of fierce political struggles between resurgent Communists and nationalists and old Soviet managers, on the one hand, and more liberal elements of its infant democratic system on the other. Whether a few big conglomerates and the powerful banks and holding companies from Soviet days will dominate the new Russian economy to the exclusion of most citizens remains to be seen.Many questions persist. How will billions of dollars of capital be raised to retool, restructure, and reorient the heart and soul of Russia's economy? Will open stock markets stimulate a new economic order or will that new order be imposed through strong state supports and subsidies? What role will be played by shadowy conglomerates that are trying to shape a disorganized economy into something resembling the old Soviet system? The authors note the paradox of a capitalism conceived, designed, implemented, and evaluated by the Kremlin when one aim of reform is to allow market forces to play freely. Kremlin Capitalism asks whether rapid privatization has catalyzed or complicated the transition to a more liberal political and economic system, a question that will reverberate for decades.
Download or read book The Destruction of the Soviet Economic System written by Michael Ellman and published by M.E. Sharpe. This book was released on 1998-06-16 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The political collapse of the Soviet Union has been much better documented than the course of its economic and social disintegration. To get an inside account, Ellman and Kontorovich questioned former top Soviet officials and economic and other policy advisors (both Soviet and foreign) who were privy not only to the data but also to the internal policy debate during the 1980s. They have woven their informants' analyses of key issues and turning points into a compelling history of systemic collapse. Among the topics covered are: economic performance in the 1980s; the standard of living; the reliability of Soviet statistics; Gosplan's projections for the economy to the year 2000; the arms race as a drain on the civilian economy; the role of ideology and the party's role in the functioning of the economic system; the struggle over a transition program; the influence of foreign advisors; and the functioning and collapse of the supply system, the CMEA, and the foreign trade system. Professor Ellman is the recipient of the 1998 Kondratieff gold medal for his contribution to the development of the social sciences.
Download or read book New Rich New Poor New Russia written by Bertram Silverman and published by Routledge. This book was released on 2016-07-08 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now expanded to cover the consequences of Russia's 1998 financial collapse, this book focuses on the social consequences of a modern-day great depression. The text examines the unequal distribution of the costs and benefits of Russia's leap into capitalism. The topics covered include: the emergence of the "new poor"; the recruitment of a business elite; the changing social and economic status of women; and the impact of marketization on employment. The study draws on a range of statistics and survey research data to present a portrait of the lives and circumstances of comtemporary Russians.
Download or read book Russia s Crony Capitalism written by Anders Aslund and published by Yale University Press. This book was released on 2019-05-23 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: A penetrating look into the extreme plutocracy Vladimir Putin has created and its implications for Russia’s future This insightful study explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from the KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism. Much of this wealth has been hidden in offshore havens in the United States and the United Kingdom, where companies with anonymous owners and black money transfers are allowed to thrive. Though beneficial to a select few, this system has left Russia’s economy in untenable stagnation, which Putin has tried to mask through military might.
Download or read book The Russian Economy A Very Short Introduction written by Richard Connolly and published by Oxford University Press. This book was released on 2020-07-23 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia today is as prominent in international affairs as it was at the height of the Cold War. Yet the role that the economy plays in supporting Russia's position as a 'great power' on the international stage is poorly understood. For many, Russia's political influence far exceeds its weight in the global economy. However, Russia is one of the largest economies in the world; it is not only one of the world's most important exporters of oil and gas, but also of other natural resources, such as diamonds and gold. Its status as one of the largest wheat and grain exporters shapes commodity prices across the globe, while Russia's enormous arms industry, second only to the United States, provides it with the means to pursue an increasingly assertive foreign policy. All this means that Russia's economy is crucial in serving the country's political objectives, both within Russia and across the world. Russia today has a distinctly political type of economy that is neither the planned economy of the Soviet era, nor a market-based economy of the Euro-Atlantic variety. Instead, its economic system is characterised by a unique blend of state and market; control and freedom; and natural resources alongside human ingenuity. The Russian Economy: A Very Short Introduction introduces readers to the dimensions of the Russian economy that are often ignored by the media and public figures, or exaggerated and misunderstood. In doing so, it shows how Russia's economy is one of global significance, and helps explain why many of Russia's enduring features, such as the heavy hand of the state and the emphasis on military-industrial production, have persisted despite the immense changes that took place after the disintegration of the Soviet Union in 1991. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
Download or read book Russia in a Changing World written by Glenn Diesen and published by Springer Nature. This book was released on 2020-04-16 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores Russia’s efforts towards both adapting to and shaping a world in transformation. Russia has been largely marginalized in the post-Cold War era and has struggled to find its place in the world, which means that the chaotic changes in the world present Russia with both threats and opportunities. The rapid shift in the international distribution of power and emergence of a multipolar world disrupts the existing order, although it also enables Russia to diversify it partnerships and restore balance. Adapting to these changes involves restructuring its economy and evolving the foreign policy. The crises in liberalism, environmental degradation, and challenge to state sovereignty undermine political and economic stability while also widening Russia’s room for diplomatic maneuvering. This book analyzes how Russia interprets these developments and its ability to implement the appropriate responses.
Download or read book The Russian Economy written by Robert C. Stuart and published by Addison-Wesley Educational Publishers. This book was released on 1995 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adapted from the fifth edition of Gregory and Stuart's Soviet and Post-Soviet Economic Structure and Performance, this text looks at the operation of the new Russian economy. It focuses on the radical changes which the former Soviet Union has recently experienced: its reorganization and its transition from plan to market. Its main focus, however, is on Russia and the CIS states: their immediate Soviet past, the meaning of that past experience for current problems and policies, and contemporary working arrangements and outcomes. This text is suitable for new undergraduate students in economics and comparative systems.