Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Privatization Conversion And Enterprise Reform In Russia
Download Privatization Conversion And Enterprise Reform In Russia full books in PDF, epub, and Kindle. Read online Privatization Conversion And Enterprise Reform In Russia ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
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 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 . This book was released on 1994 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization in Russia by : Dmitri Ouvarovskii
Download or read book Privatization in Russia written by Dmitri Ouvarovskii and published by GRIN Verlag. This book was released on 2007-06-16 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2007 in the subject Politics - Region: Russia, grade: A, York University, language: English, abstract: Fragmentation of state authority, lack of a clear legislative base, unreliability of the legal system, collapse of the industry, bisection of the GDP, runaway inflation, capital flight, rises in crime and corruption, tremendous decline in life expectancy: the political, economic and social results of Russia’s transition from plan to market under Yeltsin are devastating. Within a few years the “mighty” Soviet Union fell back from a major power to a third world economy, dealing with problems like mass poverty and epidemics. In light of these disastrous outcomes the question of what “went right” during the transition process seems to be even more appropriate then the question of what “went wrong”. However, while it seems to be obvious that the stabilization and liberalization attempts by the Russian government predominantly failed, privatization, the third core facet of transition1 , “has been touted as a one of the major successes of the Russian government’s economic transformation policy. By the beginning of 1996 77.2% of medium-size and large enterprises had been privatised, accounting for 88.3% of total industrial output.”2 On the one hand, according to the Russian government’s Western advisers this privatization is the fastest in human history and “seems to be one of the few positive fruit of Russian economic policy since 1991”3. On the other hand, a common point of view is that its implementation led to an unfair distribution of state assets and only benefited a minority of Russian population. This debate is going to be the main focus of this paper. By discussing the general importance of the private sector to a democracy, the aims of privatization, its subsequent reforms, and its results, I intend to assess the contribution of these reforms to the process of Russian democratization.
Book Synopsis Transforming Russian Enterprises by : John Logue
Download or read book Transforming Russian Enterprises written by John Logue and published by Praeger. This book was released on 1995-10-24 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia is moving dramatically ahead in reforming its economy and its firms. This joint Russian and American work focuses on the key issue in the Russian economic reform process—how to convert state-owned firms into successful private companies capable of competing in a market economy. Unique case studies of Russian enterprises, their legal and internal structure, management philosophy, and economic performance, provide insightful analyses of the ongoing Russian experience with economic reform. Recent Russian legislation and its implications for privatization are also discussed.
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.
Download or read book Russia written by Ira W. Lieberman and published by World Bank Publications. This book was released on 1995 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book contains a collection of papers prepared at a World Bank conference held in June 1994 on privatization and private sector development in Russia. It reviews the privatization achievements of Russian reformers over the past three years, discusses emerging second-tier privatization and post-privatization issues, and summarizes the key themes in the papers presented at the conference. Between November 1991 and June 1994: 1) between 12,000 and 14,000 medium-size and large enterprises had been transferred to private ownership; 2) this set of firms employed more than fourteen million people, or about half of those employed in Russia's industrial sector; 3) about forty million Russian citizens owned shares in privatized firms or investment funds. Although the Russian privatization program has achieved impressive results, the transfer of ownership (mainly to insiders) is only a first step. This must be followed by equally essential second steps to facilitate ownership of privatized firms to external, core investors who will bring in much needed capital, managerial know-how, and access to global markets." -- Website.
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 Privatization by : Joseph Prokopenko
Download or read book Privatization written by Joseph Prokopenko and published by . This book was released on 1998 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization and Transition in Russia in the Early 1990s by : Carol Scott Leonard
Download or read book Privatization and Transition in Russia in the Early 1990s written by Carol Scott Leonard and published by Routledge. This book was released on 2013-06-19 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few economic events have caused such controversy as the privatization process in Russia. Some see it as the foundation of political and economic freedom. For others it was economics gone wrong, and ended in "Russians stealing money from their own country". As Russia reasserts itself, and its new brand of capitalism, it is ever more important that policy makers and scholars understand the roots of the economic structure and governance of that country; what was decided, who made the decisions and why, what actually transpired, and what implications this has for the future of Russia. This work, written by two senior advisors to the Russian government, has unique access to documentation, tracking the decision making process in the Russian Mass Privatization process. By close reference to events, and supplemented by interviews with many of the key participants, it shows that the policies adopted were often influenced and shaped by different forces than those cited by current popular accounts. The book challenges the interpretation of Russian privatization by some of the West’s most eminent economists. It underlines that economists of all schools, who bring assumptions from the West to the analysis of Russia, may reach false or misleading conclusions. It is an essential guide for anyone interested in Russian economic reform, and anyone who seeks to understand this enigmatic country, and its actions today.
Book Synopsis The Selling of the Soviet Empire by : Alfred Kokh
Download or read book The Selling of the Soviet Empire written by Alfred Kokh and published by SP Books. This book was released on 1998 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Never before has there been an attempt to transform a massive state-owned economy into a dynamic free market system. The story of the conversion of the dinosaur Marxist Soviet state into the free-wheeling capitalist society of today's Russian Federation is one of the most compelling dramas in history. This tale includes violence, corruption, and a web of political conspiracy. It is a true-life economic-political thriller. Who are the new Russian financial magnates who are grabbing former state property? What were the terms for disposing of the state's immense wealth to private investors? What was the role of American financiers? These questions, and more, are answered here. In addition to what he saw with his own eyes (in the crucial period between 1992 and 1997), Kokh also paints vivid pictures of the influential decision-makers that he worked closely with, including Anatoly Chubais, the little known Kremlin kingpin who ran Boris Yeltsin's re-election campaign and served as both Deputy Prime Minister and Finance Minister. Kokh uses his expert knowledge of the Russian government to bring readers into the momentous meetings that changed the world, including his cogent analysis of events occurring in Russia at the present time.
Book Synopsis Conversion of Military Enterprises by : W.G. Puppe
Download or read book Conversion of Military Enterprises written by W.G. Puppe and published by Springer. This book was released on 2013-11-13 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dear Reader, Before you begin to study this book please be aware of the complexity of the "Conversion of Military Enterprises in Russia", The question of conversion is not only a change of the market and products it is in the former socialist and now "on the way of privatisation" -countries a complete reorganisation of the social structure and companies. In the past a performance of the Russian armaments' industry was a continual source of surprise to experts. It was obvious that apart from civilian industry there must be areas where important technological expertise had been created and built up. Since 5 years, conversion of military enterprise has been the principal topic of numerous conferences and studies. State institutions and international organisations can promote and accelerate the exchange of information and the restructuring process. However, the success of this process ultimately depends on how the economy will accept this change and how far market economy forces-can develop it. The NATO Advanced Research Workshop "Conversion of Military Enterprises in Russia- A Practical Approach of Industry and Science" was an excellent possibility for all participants from NATO-countries and from Russia, Ukraine and Belarus to discuss experiences and results after 5 years of reform period, All participating scientists noticed this aspect was proud to participate in this NATO event.
Book Synopsis Privatisation in Russia - a Successful Experiment on the Way to a Market Economy? by : Christine Polzin
Download or read book Privatisation in Russia - a Successful Experiment on the Way to a Market Economy? written by Christine Polzin and published by GRIN Verlag. This book was released on 2011-03-20 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2003 in the subject Cultural Studies - East European Studies, grade: 1,0, European University Viadrina Frankfurt (Oder), course: Reforming Russia - Objectives and Obstacles. Seminar: MA, Soziale Bewegungen-Institutionen-Kulturelle Orientierungen, language: English, abstract: ABSTRACT Dieser Aufsatz beschäftigt sich mit der Umsetzung der Privatisierung in Russland im Rahmen des Transformationsprozesses. Die Umwandlung von Staats- in Privateigentum in einer ehemaligen sozialistischen Planwirtschaft galt als einer der konstituierenden Grundbausteine beim Aufbau einer Marktwirtschaft. Hierzu musste ein umfangreiches Privatisierungsprogramm erarbeitet und umgesetzt werden. Die Besonderheit in der ehemaligen Sowjetunion bestand dabei vor allem darin, dass es für eine derart weit reichende Privatisierung fast sämtlicher Industriezweige innerhalb kürzester Zeit bis dato noch kein praktisches Äquivalent gab, an dem man sich hätte orientieren können. Westliche Ökonomen, die als Berater der russischen Reformer wesentlichen Einfluss auf das Programm nahmen, legten bei ihren Annahmen und Zielen neoklassische Wirtschaftstheorien zugrunde, die im wesentlichen rationale und nutzenmaximierende Akteure voraussetzen. Sie hatten jedoch relativ wenig Erfahrung mit dem tatsächlichen Verhalten russischer Akteure. Woran diese westlichen Ansätze bei ihrer praktischen Umsetzung scheiterten, wird der folgende Aufsatz versuchen zu beschreiben. Einige der zu erwartenden Restriktionen des Privatisierungsprozesses, wie z.B. die ungünstigen ökonomischen und rechtlichen Rahmenbedingungen, politische Instabilität und das wahrscheinliche Fortbestehen bestimmter informeller Netzwerke, waren den Reformern durchaus bewusst und konnten dementsprechend teilweise bei der Planung Berücksichtigung finden. Zur inhaltlichen Eingrenzung soll in diesem Aufsatz jedoch nur auf jene Faktoren eingegangen werden, die größtenteils unterschätzt wurden, und welche sich auch als nur schw
Book Synopsis Enterprise Behavior Under the Conditions of Economic Reform in the Russian Federation and Privatization of Large State Enterprises in the Russian Federation by : International Institute for Applied Systems Analysis
Download or read book Enterprise Behavior Under the Conditions of Economic Reform in the Russian Federation and Privatization of Large State Enterprises in the Russian Federation written by International Institute for Applied Systems Analysis and published by . This book was released on 1993 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Newly Privatized Russian Enterprises by : Leila Webster
Download or read book Newly Privatized Russian Enterprises written by Leila Webster and published by World Bank Publications. This book was released on 1994 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dividing the Spoils by : Ethan B. Kapstein
Download or read book Dividing the Spoils written by Ethan B. Kapstein and published by . This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The gains from the transition in post-communist Russia were captured by the new managerial class, which won rents from the state in the form of privatized enterprises, state subsidies, credits, and opportunities for tax evasion. Those rents reduced state revenues that could have supported social policy-- including pension reform, which in turn could have fueled industrial restructuring. With neither pension reform nor industrial restructuring, Russia's economy has continued to shrink"--Cover.
Book Synopsis Privatization Versus Competition by : John S. Earle
Download or read book Privatization Versus Competition written by John S. Earle and published by . This book was released on 1996 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization, Competition, and Reform Policy Strategies by : J. David Brown
Download or read book Privatization, Competition, and Reform Policy Strategies written by J. David Brown and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical, but largely unexamined assumption in the debate over transition policy design concerns the complementarity or substitutability of market competition and private ownership in increasing firm efficiency. We analyze a simple Cournot model that distinguishes two aspects of privatization interacting with market opening: privatization of a firm and privatization of its competitors. Under plausible conditions, the model implies that privatizing a firm is a substitute for exposing it to competitive markets, but privatizing its competitors is complementary. Our empirical analysis uses augmented 3-factor translog production functions estimated on 1992-99 panel data for 13,288 Russian manufacturing enterprises accounting for 80.5 percent of total manufacturing employment in 1992. We find that nonstate ownership of a firm reduces the marginal efficiency impact from increased market dispersion, measured to account for geographic dispersion, but the share of its competitors that are nonstate increases this marginal impact. Disaggregating nonstate ownership, we find that domestic mixed and private ownership of a firm are substitutes with increased market dispersion, while foreign ownership is independent; but the share of competitors in all three nonstate types is complementary, with the strongest complementarity involving foreign ownership. The evidence suggests that an important indirect impact of private ownership may be the intensification of market competition, and thus that competition only among state-owned enterprises may be ineffectual in stimulating them to increase efficiency.
