Is Russia Restructuring?

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4./5 ( download)

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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.

Putin's Labor Dilemma

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Publisher : Cornell University Press
ISBN 13 : 1501756303
Total Pages : 307 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Putin's Labor Dilemma by : Stephen Crowley

Download or read book Putin's Labor Dilemma written by Stephen Crowley and published by Cornell University Press. This book was released on 2021-07-15 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Putin's Labor Dilemma, Stephen Crowley investigates how the fear of labor protest has inhibited substantial economic transformation in Russia. Putin boasts he has the backing of workers in the country's industrial heartland, but as economic growth slows in Russia, reviving the economy will require restructuring the country's industrial landscape. At the same time, doing so threatens to generate protest and instability from a key regime constituency. However, continuing to prop up Russia's Soviet-era workplaces, writes Crowley, could lead to declining wages and economic stagnation, threatening protest and instability. Crowley explores the dynamics of a Russian labor market that generally avoids mass unemployment, the potentially explosive role of Russia's monotowns, conflicts generated by massive downsizing in "Russia's Detroit" (Tol'yatti), and the rapid politicization of the truck drivers movement. Labor protests currently show little sign of threatening Putin's hold on power, but the manner in which they are being conducted point to substantial chronic problems that will be difficult to resolve. Putin's Labor Dilemma demonstrates that the Russian economy must either find new sources of economic growth or face stagnation. Either scenario—market reforms or economic stagnation—raises the possibility, even probability, of destabilizing social unrest.

Russia's Virtual Economy

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Publisher : Brookings Institution Press
ISBN 13 : 9780815731115
Total Pages : 322 pages
Book Rating : 4.7/5 (311 download)

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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 322 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.

Privatizing Russia

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Publisher : MIT Press
ISBN 13 : 9780262522281
Total Pages : 180 pages
Book Rating : 4.5/5 (222 download)

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Book Synopsis Privatizing Russia by : Maxim Boycko

Download or read book Privatizing Russia written by Maxim Boycko and published by MIT Press. This book was released on 1997-01-22 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatizing Russia offers an inside look at one of the most remarkable reforms in recent history. Having started on the back burner of Russian politics in the fall of 1991, mass privatization was completed on July 1, 1994, with two thirds of the Russian industry privately owned, a rapidly rising stock market, and 40 million Russians owning company shares. The authors, all key participants in the reform effort, describe the events and the ideas driving privatization. They argue that successful reformers must recognize privatization as a process of depoliticizing firms in the face of massive opposition: making the firm responsive to market rather than political influences. The authors first review the economic theory of property rights, identifying the political influence on firms as the fundamental failure of property rights under socialism. They detail the process of coalition building and compromise that ultmately shaped privatization. The main elements of the Russian program -- corporatization, voucher use, and voucher auctions -- are described, as is the responsiveness of privatized firms to outside investors. Finally, the market values of privatized assets are assessed for indications of how much progress the country has made toward reforming its economy. In many respects, privatization has been a great success. Market concepts of property ownership and corporate management are shaking up Russian firms at a breathtaking pace, creating powerful economic and political stimuli for continuation of market reforms. At the same time, the authors caution, the political landscape remains treacherous as old-line politicians reluctantly cede their property rights and authority over firms.

Russia in a Changing World

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Publisher : Springer Nature
ISBN 13 : 9811518955
Total Pages : 214 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Russia in a Changing World by : Glenn Diesen

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.

Putinomics

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Publisher : UNC Press Books
ISBN 13 : 1469640678
Total Pages : 238 pages
Book Rating : 4.4/5 (696 download)

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Book Synopsis Putinomics by : Chris Miller

Download or read book Putinomics written by Chris Miller and published by UNC Press Books. This book was released on 2018-02-08 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Vladimir Putin first took power in 1999, he was a little-known figure ruling a country that was reeling from a decade and a half of crisis. In the years since, he has reestablished Russia as a great power. How did he do it? What principles have guided Putin's economic policies? What patterns can be discerned? In this new analysis of Putin's Russia, Chris Miller examines its economic policy and the tools Russia's elite have used to achieve its goals. Miller argues that despite Russia's corruption, cronyism, and overdependence on oil as an economic driver, Putin's economic strategy has been surprisingly successful. Explaining the economic policies that underwrote Putin's two-decades-long rule, Miller shows how, at every juncture, Putinomics has served Putin's needs by guaranteeing economic stability and supporting his accumulation of power. Even in the face of Western financial sanctions and low oil prices, Putin has never been more relevant on the world stage.

Work Without Wages

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Publisher : MIT Press
ISBN 13 : 9780262262361
Total Pages : 284 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Work Without Wages by : Padma Desai

Download or read book Work Without Wages written by Padma Desai and published by MIT Press. This book was released on 2001-01-02 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the roots and scale of wage nonpayment, the book is an indispensable guide to understanding Russia's economic restructuring and of the social costs of the transition born by the general population. The seventy-year-old Soviet tradition of "wages without work" soon turned into "work without wages" when the planned economy began switching to a market system in 1992. Lack of budget discipline, the breakdown of contractual obligations at all levels, and the failure of state agencies to enforce laws among businesses led to pervasive wage nonpayment to workers in both the public and private sectors. In this book Padma Desai and Todd Idson combine econometric rigor, policy analysis, and empirical evidence to analyze wage nonpayment patterns across demographic groups defined by gender, age, and education, and in various occupations, industries, and regions of Russia. They also examine wage nonpayment to Russia's military personnel, in the wider context of a disintegrating military. Focusing on the roots and scale of wage nonpayment, the book is an indispensable guide to understanding Russia's economic restructuring and of the social costs of the transition born by the general population. Among the questions addressed are: How did Russia's factory managers decide who, among various categories of workers, would not get paid? Did wage denial push people below the poverty line? How did families survive when denied wages? Did strikes lead to reduced wage arrears? The authors describe a variety of survival strategies on the part of Russian families, including informal paid activity, the selling of family assets, home production for consumption and sale, and the receiving of cash from relatives.

Kremlin Capitalism

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Publisher : Cornell University Press
ISBN 13 : 9780801483967
Total Pages : 276 pages
Book Rating : 4.4/5 (839 download)

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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 1997 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kremlin Capitalism provides a wealth of data and analyses not previously available. The authors articulate the political and economic goals of Russian privatization, examine the current ownership of the largest enterprises in Russia, and chart the challenges of corporate governance and restructuring in Russia's new corporations.

Enterprise Restructuring and the Role of Managers in Russia

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Publisher : Routledge
ISBN 13 : 131747144X
Total Pages : 240 pages
Book Rating : 4.3/5 (174 download)

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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.

Restructuring, Stabilizing and Modernizing the New Russia

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Publisher : Springer Science & Business Media
ISBN 13 : 364257257X
Total Pages : 508 pages
Book Rating : 4.6/5 (425 download)

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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.

Enterprise Restructuring and Economic Policy in Russia

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821337257
Total Pages : 312 pages
Book Rating : 4.3/5 (372 download)

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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).

The Piratization of Russia

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Publisher : Routledge
ISBN 13 : 1134376847
Total Pages : 328 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis The Piratization of Russia by : Marshall I. Goldman

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 328 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.

Restructuring the Russian Electricity Sector

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Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Restructuring the Russian Electricity Sector by : Russell Pittman

Download or read book Restructuring the Russian Electricity Sector written by Russell Pittman and published by . This book was released on 2005 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Power Restructuring In China And Russia

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Publisher : Routledge
ISBN 13 : 0429966644
Total Pages : 352 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Power Restructuring In China And Russia by : Mark Lupher

Download or read book Power Restructuring In China And Russia written by Mark Lupher and published by Routledge. This book was released on 2018-02-12 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The massive economic transformations and political upheavals that have been sweeping China and the Soviet Union in the final decades of the twentieth century are among the great dramas of our time. Yet the origins of these revolutionary changes are murky and their outcomes unclear. Have we witnessed the demise of an archaic authoritarian order and the rise of pluralism and democracy, or are the tumultuous events of the post-Mao era and the period of perestroika more usefully viewed in light of broader patterns of power and politics in Chinese and Russian history? Considering these questions with a new interpretation of power relations and political processes in China and Russia, Mark Lupher explores the imperial era, the communist period, and the current situation in both countries. Rather than speaking of “reform,” which too often is understood as liberalization along Western lines, his discussion is focused on power restructuring—the ebb and flow of state power; the centralization and decentralization of political and economic power; and the three-way struggles between central rulers, various elites, and nonprivileged groups that drive these processes. Lupher’s power-restructuring analysis is noteworthy in combining broad comparative-historical analysis and conceptualization with a closely focused discussion and reinterpretation of the Chinese Cultural Revolution—the core of his book. By comparing and bringing new light to bear on a series of pivotal episodes in Chinese and Russian history, he furthers our understanding and assessment of processes that will continue to unfold in China, Russia, and the former Soviet republics.

Time to Rethink Privatization in Transition Economies?

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Publisher : World Bank Publications
ISBN 13 : 9780821345030
Total Pages : 44 pages
Book Rating : 4.3/5 (45 download)

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Book Synopsis Time to Rethink Privatization in Transition Economies? by : John R. Nellis

Download or read book Time to Rethink Privatization in Transition Economies? written by John R. Nellis and published by World Bank Publications. This book was released on 1999-01-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: IFC Discussion Paper No. 38.QUOTEIt is now universally acknowledged that ownership matters; that private ownership in and of itself is a major determinant of good performance in firms... Decent economic policy and well-functioning legal and administrative institutions... matter greatly as well.QUOTEThis paper looks at what happens when the shift to private ownership gets far out in front of the effort to build the institutional underpinnings of a capitalist economy. The emphasis is on what went wrong and why and what, if anything, can be done to be correct it. Proposals include renationalization and/or postponement of further privatization, both to be accompanied by measures to strengthen the managerial capacities of the state. Neither approach seems likely to produce short-term improvements. The regrettable fact is that governments that botch privatization are equally likely to botch the management of state-owned firms. In a number of Central European transition countries, privatization is living up to expectations; and there is no need for such measures. For institutionally-weak countries, the less dramatic but reasonable short-term course of action is to push ahead more slowly with case- by-case and tender privatization in cooperation with the international assistance community in hopes of producing some success stories that will lead by example.

Restructuring the Soviet Economy

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Publisher : Routledge
ISBN 13 : 1134917465
Total Pages : 242 pages
Book Rating : 4.1/5 (349 download)

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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 242 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.

Food and Agricultural Policy in Russia

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Publisher : World Bank Publications
ISBN 13 : 9780821351772
Total Pages : 176 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Food and Agricultural Policy in Russia by : Csaba Csáki

Download or read book Food and Agricultural Policy in Russia written by Csaba Csáki and published by World Bank Publications. This book was released on 2002-01-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The agricultural sector in Russia has considerable untapped productive potential. Given this potential, agriculture could provide a solid foundation for growth and poverty alleviation, particularly in rural areas of Russia. The objectives of this book are to facilitate debate of issues key to agricultural policy, to contribute to a greater understanding of the Russian agricultural sector outside of Russia, and to identify a framework for further collaboration between the Russian government and the World Bank in the rural sector.