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Challenges for Russian Economic Reform

Author: Alan Smith

Publisher: Brookings Institution Press

Published: 2010-12-01

Total Pages: 284

ISBN-13: 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.

Russian Economic Reform

Author: James Leitzel

Publisher: Psychology Press

Published: 1995

Total Pages: 203

ISBN-13: 0415125111

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Focuses on the actual pre-reform conditions including the widerspread private, informal economic activity.

The Rule of Law and Economic Reform in Russia

Author: Jeffery Sachs

Publisher:

Published: 2019-09-13

Total Pages: 228

ISBN-13: 9780367318963

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What impact has Russia's chosen path of reform had on the development of law after the collapse of the communist regime? This collection of essays examines how Russia's distinctive traditions of law?and lawlessness?are shaping the current struggle for economic reform in the country. Nine renowned scholars, chosen from specialties in history, politi

Russia and the World Economy

Author: Alan Smith

Publisher: Taylor & Francis US

Published: 1993

Total Pages: 276

ISBN-13: 9780415089258

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Discusses economic policy issues up to the end of 1991. Presents the historical and political background of the economic climate.

Russian Economic Reform

Author: James Leitzel

Publisher: Routledge

Published: 2005-06-22

Total Pages: 208

ISBN-13: 1134802102

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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.

Challenges for Russian Economic Reform

Author: Alan Smith

Publisher: Brookings Institution Press

Published: 1995

Total Pages: 0

ISBN-13: 9780815780250

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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 contributors, specialists 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.

Russia's Economy

Author: Charles Jr. Wolf

Publisher: Rand Corporation

Published: 2006-10-11

Total Pages: 73

ISBN-13: 0833042556

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Sixteen years after the Soviet Union's demise, the Russian economy can still be appropriately characterized as transitional. The authors shed light on ambiguities surrounding this status through an exploration of four questions related to issues of interest to government decisionmakers.

The Russian Economy Under Putin

Author: Karin Rammerstorfer

Publisher: GRIN Verlag

Published: 2008-07

Total Pages: 26

ISBN-13: 3640109716

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Seminar paper from the year 2007 in the subject Politics - International Politics - Region: Russia, grade: 1, University of Vienna (Institut für Politikwissenschaft), 6 entries in the bibliography, language: English, abstract: Putin promotes himself as a big reformer but no real actions have been undertaken so far, which would prove that true. Therefore I am asking myself, if President Putin is rather a reformer or a power-politician. Where are the necessary reforms Putin is talking about? Does Putin really want to reform the country for the better or is his major concern to maintain his position as president? Are the new reforms meant seriously or are they just a way to quiet up the critics and protect his position? It is very unclear where Russia is heading too. If you believe the official statement, you would see a democratic reformed Russia. Unfortunately if you dig deeper, Putins words need to be doubted. No effective reforms were installed that would have turned the country around. What are Putins real intentions, aims and goals? I am questioning myself what kind of influence he has on the Russian economy. In my paper I will try to answer all these questions. Further I choose this topic as discussions about Russia's economical strength are constantly going on. For me, Wladimir Putin is a very interesting man. It seems very difficult to figure him out or for what he is actually standing for. His behaviour on certain issues is much contradicted what makes him a very difficult business partner. He seams to have two faces.

Restructuring, Stabilizing and Modernizing the New Russia

Author: Paul J.J. Welfens

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 508

ISBN-13: 364257257X

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Russia has embarked upon a difficult process of systemic transformation and economic opening up. While the initial strong GDP decline seemed to have ended in 1997, the real development was facing even more difficult problems as output declined sharply after the Ruble and banking crisis of August 1998: inflation started to increase again, exports and imports were falling, capital flight increasing and unemployment rising. There is broad disappointment in Russia regarding the transformation failure in 1998 since so many people had hoped that the end of the Soviet command economy would bring democracy, prosperity and international integration. While Poland has been able to double per capita income in the 1990s it has fallen by 50% in Russia and this despite considerable IMF involvement and some (modest) support from other international organizations. What were the reasons for transformation failure in the 1990s? What are the ingredients for long term sustainable transformation? What are the internal and international requirements to avoid a second - possibly tragic - failure of transformation in Russia? An international group of researchers has focussed on these problems during a two-year research project financed by the Alfried Krupp von Bohlen und Halbach Foundation. A series of papers were presented at workshops in Potsdam, Bonn and Moscow in 1999 where this book is devoted to four important issues: the Russian transformation crisis, the topic of restructuring, the need for stabilizing Russia and the requirements for modernizing Russia.

Stuck in Transit

Author: Erik Berglöf

Publisher: Centre for Economic Policy Research

Published: 1999

Total Pages: 68

ISBN-13: 9781898128441

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On August 17, 1998, the Russian economy was finally punished for the delays in reforms, the lack of fiscal discipline and the overvalued exchange rate: the government was forced to devalue the ruble and default on its debt obligations. This Report discusses the policy options for rebuilding the Russian economy in the light of those traumatic events, their underlying causes and the deep flaws they exposed in the process of reform. The Report draws on new work by economic researchers at the Russian European Centre for Economic Policy (RECEP) in association with a range of top international scholars. It explores the long-term policy challenges in key areas of the Russian economy, including fiscal and monetary policy, the labor market, the financial sector, industrial restructuring and the barter economy.