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Enterprise Restructuring And Economic Policy In Russia
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Book Synopsis Enterprise Restructuring and Economic Policy in Russia by : Simon Commander
Download or read book Enterprise Restructuring and Economic Policy in Russia written by Simon Commander and published by World Bank Publications. This book was released on 1996-01-01 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers the achievements and challenges facing East Asia's workers. The report reviews labor outcomes and evaluates the benefits of rapid growth to workers and the impact that the region's role in the global economy has had on them. It also examines labor market policies and institutions in the region, labor in the transition economies, and the outlook for East Asian workers in the 21st century. Also available: World Development Report 1995: Workers in an Integrating World Stock no. 61102 (ISBN 0-19-521102-2).
Book Synopsis Enterprise Restructuring and the Role of Managers in Russia by : Gary Krueger
Download or read book Enterprise Restructuring and the Role of Managers in Russia written by Gary Krueger and published by Routledge. This book was released on 2015-07-17 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tells the story of what might have been considered an unlikely source of dynamic change in Russia - formerly state-owned manufacturing enterprises and their managers. Based on interviews conducted over a six-year span with managers at 47 manufacturing, light industry, consumer durable, and food processing firms in four Russian cities, the study documents the real world challenge of turning hidebound, often dysfunctional manufacturing operations into thriving companies. With analytical rigor and theoretical creativity, this work will dispel some common misconceptions about the Russian economy and make a contribution to the literature about management, company strategies, and corporate governance.
Book Synopsis Restructuring, Stabilizing and Modernizing the New Russia by : Paul J.J. Welfens
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 2012-12-06 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Russian Enterprise Reform by : Harry G. Broadman
Download or read book Russian Enterprise Reform written by Harry G. Broadman and published by World Bank Publications. This book was released on 1998-01-01 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: To enhance and sustain economic prosperity, Russian authorities must improve the business climate so that firms restructure and the private sector thrives within a market environment. Meeting this challenge requires actions on several fronts. The Russian government asked the World Bank to write policy papers to address this issue. This volume contains those policy papers which were then presented at a high-level workshop in Moscow. The topics include: removing impediments to robust interfirm competition, such as structural concentration, arbitrary regulatory practices, and entry barriers; strengthening corporate governance incentive systems; enhancing the nascent institutional framework for the exercise of creditor rights and implementation of enterprise bankruptcy procedures; reducing barter and other nonmonetary forms of business transactions; and fostering enterprise restructuring. The volume also contains formal comments on these papers presented by senior Russian officials at the workshop.
Book Synopsis Privatization, Conversion, And Enterprise Reform In Russia by : Michael Mcfaul
Download or read book Privatization, Conversion, And Enterprise Reform In Russia written by Michael Mcfaul and published by Routledge. This book was released on 2019-09-05 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides an evaluation of initial efforts to convert post-Soviet Russian industry from that of a highly-centralized, military-oriented economy to that of a civilian economy with a stronger base in private enterprise. The authors address crucial issues of the embattled economic transformation at the level of particular enterprises and geographic regions as well as in the contexts of state policy, finance and planning. Their analyses offer readers an understanding of the various obstacles that impede post-Soviet economic restructuring and point to ways in which they may be overcome.
Book Synopsis Transforming The Core by : Maurice Ernst
Download or read book Transforming The Core written by Maurice Ernst and published by Westview Press. This book was released on 1996 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing integrated assessments as well as detailed country studies, this work provides a comparative analysis of the strategies employed by Russia, China, Poland, Hungary and Czech Republic to deal with the transformation of industrial enterprises.
Book Synopsis The Economic Reform Process in Russia by : Mr.Henri Lorie
Download or read book The Economic Reform Process in Russia written by Mr.Henri Lorie and published by International Monetary Fund. This book was released on 1993-07-01 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although various factors point to a more arduous and longer transition in Russia than in Eastern Europe, the broad policy approach should be similar. A necessary condition for effective macroeconomic stabilization is the imposition of hard budget constraints on enterprises. Financial assistance from the Government and the central bank to enterprises must be strictly controlled to ensure compatibility with both inflation objectives and the creation of incentives for reform. While Russia needs external financial assistance, it must be willing and able to pursue economic policies that ensure that the assistance has the desired effects, especially macroeconomic stability and systemic reform.
Book Synopsis Restructuring the Soviet Economy by : David A. Dyker
Download or read book Restructuring the Soviet Economy written by David A. Dyker and published by Routledge. This book was released on 2002-01-31 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Restructuring the Soviet Economy examines the Soviet leadership's most urgent question - how to revitalize the soviet economy. David Dyker argues that the current impasse can can only be understood in the context of the failure of 60 years of central planning. He analyses both the problems besetting the centrally planned system and those that have paralysed perestroika and assesses whether the most ambitious attempt ever to reform the Soviet economy will succeed.
Book Synopsis Shaping the Economic Space in Russia: Decision Making Processes, Institutions and Adjustment to Change in the El'tsin Era by : Stefanie Harter
Download or read book Shaping the Economic Space in Russia: Decision Making Processes, Institutions and Adjustment to Change in the El'tsin Era written by Stefanie Harter and published by Routledge. This book was released on 2018-04-27 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000: As the El'tsin era has now drawn to a close, numerous questions remain unanswered regarding the course of Russia's post-Communist traditions. El'tsin's exit from the presidential stage provides an opportunity to assess the achievements of Russia's multi-faceted reforms, to explain the factors that have most shaped the reform process, and to identify the trends that are likely to continue under a presidential successor. This volume embodies such an effort. Its contents are the product of a conference held in May 1999 at the Federal Institute for East European and International Studies in Cologne, Germany. The institute convened an international group of scholars, representing a variety of academic approaches to the study of transition economies in general, and Russia in particular. The title of this volume has been taken from the overarching theme of the conference. The goal was determine the extent to which pre-existing structures and norms of economic and political life have been fundamentally altered by the El'tsin administration's reform campaigns and how these factors themselves have influenced the reform process.
Book Synopsis Russian Unemployment and Enterprise Restructuring by : Guy Standing
Download or read book Russian Unemployment and Enterprise Restructuring written by Guy Standing and published by Palgrave Macmillan. This book was released on 2014-01-14 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s, attempted shock therapy generated unemployment much worse than many economists claimed. This book, based on an enterprise survey conducted between 1991 and 1994, examines how factories responded to unprecedented pressures, highlighting employment cuts, changing corporate governance and unanticipated labour market outcomes.
Book Synopsis Russia's Virtual Economy by : Clifford G. Gaddy
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.
Book Synopsis Kremlin Capitalism by : Joseph R. Blasi
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.
Book Synopsis Is Russia Restructuring? by : Harry G. Broadman
Download or read book Is Russia Restructuring? written by Harry G. Broadman and published by World Bank Publications. This book was released on 2001 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors explore the labor dynamics of Russian enterprise restructuring, empirically assessing how patterns of job creation and destruction are related to various aspects of enterprise restructuring across firms in different sectors and regions, and to different forms, sizes, vintages, and performance characteristics of ownership. Evidence from case studies - based on more than 50 site visits in 2000 - suggests that jobs have been destroyed, but only to a limited degree in some sectors and regions, largely because of institutional and incentive constraints and a still-widespread "socialist" corporate culture. Jobs have been created - particularly in sectors where devaluation had the most pronounced effect on important substitution and export promotion - but only slowly, mostly for lack of skilled workers and because regional mobility is limited. Labor turnover appears higher within regions than across regions. Newly available data for 1996 - 99 (provided by Goskomstat) for about 128,000 enterprises in 24 industrial sectors in Russia's 89 regions indicates that the typical firm has experienced only modest downsizing - about 12 percent - in number of employees. Smaller firms have entered, and larger, mature businesses have exited some sectors. Except for a lull in 1998, the rate of job creation has steadily increased and the rate of job destruction has declined, dropping substantially in 1998 - 99. "Voluntary" worker separations remain the main - and growing - form of layoff, and the proportion of layoffs through redundancies is shrinking (now about 4 percent of total separations). Firm size and net employment growth are not statistically related, but form of ownership seems to matter. Firm size is also statistically correlated (positively) with profitability, but restructuring through changes in net employment growth appears not to be. It seems Russian restructuring needs to become more efficient.
Book Synopsis Real and Financial Economic Dynamics in Russia and Eastern Europe by : Timothy Lane
Download or read book Real and Financial Economic Dynamics in Russia and Eastern Europe written by Timothy Lane and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia and many other transition countries are now facing the challenges of opening up, restructuring, and modernizing their economies, which requires addressing numerous institutional weaknesses and supply-side distortions. From a regional perspective, drawing on the experience of other reforming countries, the papers examine these issues. Aspects addressed include the implications of trade and capital flows, the process of labor market reform, financial market development, productivitiy growth, and innovation dynamics. The dynamics of the reform process are also studied in the context of new political economy models.
Book Synopsis Why is Unemployment Low in the Former Soviet Union? by : Simon Commander
Download or read book Why is Unemployment Low in the Former Soviet Union? written by Simon Commander and published by World Bank Publications. This book was released on 1996 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Challenge of Revolution by : Vladimir Mau
Download or read book The Challenge of Revolution written by Vladimir Mau and published by OUP Oxford. This book was released on 2001-02-22 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides an challenging and controversial explanation of the recent events in Russia. It examines the causes, processes, and consequences of Russia's recent political development. Drawing on, and criticizing the existing literature, the book also shows how the recent Russian experience casts light on general theories of revolution and comparative political developments. The transformation in Russia is usually compared with transformations in other post-communist countries. The authors argue that the Russian transformation should be explained in the logic of the great revolutions of the past such as the English Civil War, the French Revolution, and the Bolshevik Revolution. The difficulties and inconsistency of Russian reforms are usually explained as a result of mistakes made by reformers. This book argues, however, that these problems should be considered as a natural consequence of the 'weak state'. In revolution the weakness of state power is inevitable (resulting from social fragmentation, property rights transformation, changes in the interests of different social groups). Hence, the authors argue that most of the transitional problems in Russia were unavoidable. The authors go on to argue that revolutions are usually considered as rapid change made through violence. However, the spontaneous character of change in the situation of a weak state is a much more important feature of any revolution than violence. The book contains unique interviews with four leaders of the Russian transformation - Mikhail Gorbachev, Alexander Yakovlev, Yegor Gaidar, and Gennadii Burbulis - as well as the personal experience of the authors, who were deeply involved in the practical process of Russian transformation.
Book Synopsis Republic of Belarus by : International Monetary Fund
Download or read book Republic of Belarus written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-05-17 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues Paper presents an analysis of Belarus-specific conditions and cross-country research, and proposes a roadmap for real-sector reforms. It highlights distortions resulting from the government’s interference in the economy, and presents an overview of economic benefits of deregulation, labor market liberalization, and enterprise reform. The paper also provides estimates of potential gains for Belarus from conducting structural reforms, and offers a blueprint for restructuring while minimizing the risks of resource dislocation.
