Popular Response to Russian Privatization

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Popular Response to Russian Privatization by : Igor Gurkov

Download or read book Popular Response to Russian Privatization written by Igor Gurkov and published by . This book was released on 1995 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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.

Privatization and Transition in Russia in the Early 1990s

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Publisher : Routledge
ISBN 13 : 113502166X
Total Pages : 206 pages
Book Rating : 4.1/5 (35 download)

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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 206 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.

A New Capitalist Order

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Publisher : University of Pittsburgh Press
ISBN 13 : 0822972662
Total Pages : 257 pages
Book Rating : 4.8/5 (229 download)

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Book Synopsis A New Capitalist Order by : Hilary Appel

Download or read book A New Capitalist Order written by Hilary Appel and published by University of Pittsburgh Press. This book was released on 2010-06-15 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the collapse of communism in the Soviet Union and eastern Europe, more than a dozen countries undertook aggressive privatization programs. Proponents of economic reform championed such large-scale efforts as the fastest, most reliable way to make the transition from a state-run to a capitalist economy.The idea was widely embraced, and in the span of a few years, policymakers across the region repeatedly chose an approach that distributed vast amounts of state property to the private sector essentially for free-despite the absence of any historical precedent for such a radical concept. But privatization was not a panacea. It has, instead, become increasingly synonymous with collusion, corruption, and material deprivation.Why was privatization so popular in the first place, and what went wrong? In answering this question, Hillary Appel breaks with mainstream empirical studies of postcommunist privatization.By analyzing the design and development of programs in Russia, the Czech Republic, and across eastern Europe, Appel demonstrates how the transformation of property rights in these countries was first and foremost an ideologically driven process. Looking beyond simple economic calculations or pressure from the international community, she argues that privatization was part and parcel of the foundation of the postcommunist state.A New Capitalist Order reveals that privatization was designed and implemented by pro-market reformers not only to distribute gains and losses to powerful supporters, but also to advance a decidedly Western, liberal vision of the new postcommunist state. Moreover, specific ideologies-such as anticommunism, liberalism, or nationalism, to name but a few-profoundly influenced the legitimacy, the power, and even the material preferences of key economic actors and groups within the privatization process.

The Piratization of Russia

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Publisher : Routledge
ISBN 13 : 1134376847
Total Pages : 348 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 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.

Rural Inequality in Divided Russia

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Publisher : Routledge
ISBN 13 : 1135018308
Total Pages : 289 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Rural Inequality in Divided Russia by : Stephen Wegren

Download or read book Rural Inequality in Divided Russia written by Stephen Wegren and published by Routledge. This book was released on 2013-07-24 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines economic and political polarisation in post-Soviet Russia, and in particular analyses the development of rural inequality. It discusses how rural inequality has developed in post-Soviet Russia, and how it differs from the Soviet period, and goes on to look at the factors that affect rural stratification and inequality, using human and social capital, profession, gender, and village location as independent variables. The book uses survey data from rural households and fieldwork in Russia in order to highlight the multiplicity of divisions that act as fault lines in contemporary rural Russia.

Russia's Stillborn Democracy?

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Publisher : OUP Oxford
ISBN 13 : 0191528889
Total Pages : 292 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Russia's Stillborn Democracy? by : Graeme Gill

Download or read book Russia's Stillborn Democracy? written by Graeme Gill and published by OUP Oxford. This book was released on 2000-03-23 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decade and a half since Gorbachev came to power has been a tumultuous time for Russia. It has seen the expectations raised by perestroika dashed, the collapse of the Soviet superpower, and the emergence of a new Russian state claiming to base itself on democratic, market principles. It has seen a political system shattered by a president turning tanks against the parliament, and then that president configuring the new political structure to give himself overwhelming power. These upheavals took place against a backdrop of social dislocations as the Russian people were ravaged by the effects of economic shock therapy. This book explains how these momentous changes came about, and in particular why political elites were able to fashion the new political system largely independent of the wishes of the populace at large. It was this relationship between powerful elites and weak civil society forces which has led to Russian democracy under Yeltsin being still born.

Causes and Consequences of Privatization

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Causes and Consequences of Privatization by : John S. Earle

Download or read book Causes and Consequences of Privatization written by John S. Earle and published by . This book was released on 1996 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reforming Infrastructure

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Reforming Infrastructure by : Ioannis Nicolaos Kessides

Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.

Russian Politics in Transition

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Publisher : Cengage Learning
ISBN 13 :
Total Pages : 308 pages
Book Rating : 4.X/5 (4 download)

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Book Synopsis Russian Politics in Transition by : Joan DeBardeleben

Download or read book Russian Politics in Transition written by Joan DeBardeleben and published by Cengage Learning. This book was released on 1997 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The text focuses on the construction of political institutions, changes in culture and society, and the politics of economic reform since the country achieved independence in 1991. The author' s dual focus on both historical background and contemporary developments offers students a useful context for understanding the events in Russia today as they relate to the pre-revolutionary, Soviet, and Perestroika periods of Russion history.

Privatization in Latin America

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Publisher : World Bank Publications
ISBN 13 : 0821383507
Total Pages : 526 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Privatization in Latin America by : Alberto Chong

Download or read book Privatization in Latin America written by Alberto Chong and published by World Bank Publications. This book was released on 2005-03-15 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization is under attack. Beginning in the 1980s, thousands of failing state-owned enterprises worldwide have been turned over to the private sector. But public opinion has turned against privatization. A large political backlash has been brewing for some time, infused by accusations of corruption, abuse of market power, and neglect of the poor. What is the real record of privatization and are the criticisms justified? 'Privatization in Latin America' evaluates the empirical evidence on privatization in a region that has witnessed an extensive decline in the state's share of production over the past 20 years. The book is a compilation of recent studies that provide a comprehensive analysis of the record of and accusations against privatization, with important recommendations for the future. Seven countries are investigated: Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, and Peru. This book will be vital to anyone interested in the privatization debate but especially to those involved in civil service reform, corporate governance, economic policy, finance, and anticorruption efforts. 'Privatization is important but controversial. While economists typically favor it, others are skeptical. This book provides strong scientific evidence that privatization has been beneficial for many Latin American countries, although some privatizations failed and some groups in society lost out. As usual, the devil is in the details: how privatization is carried out and what reforms accompany it are crucial to its success. The book is definitely an invaluable contribution to the privatization debate.' --Oliver Hart, Andrew E. Furer Professor of Economics, Harvard University

Global Finance, Local Control

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Publisher : Cornell University Press
ISBN 13 : 1501759612
Total Pages : 156 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Global Finance, Local Control by : Igor O. Logvinenko

Download or read book Global Finance, Local Control written by Igor O. Logvinenko and published by Cornell University Press. This book was released on 2021-10-15 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring Russia's reentry into global capital markets at the dawn of the twenty-first century, Global Finance, Local Control shows how economic integration became deeply entangled with a bare-knuckled struggle for control over the vestiges of the Soviet empire. Igor Logvinenko reveals how the post-communist Russian economy became a full-fledged participant in the international financial sector without significantly improving the local rule of law. By the end of Vladimir Putin's second presidential term, Russia was more integrated into the global financial system than at any point in the past. However, the country's longstanding deficiencies—including widespread corruption, administration of justice, and an increasingly overbearing state—continued unabated. Scrutinizing stock-market restrictions on foreign ownership during the first fifteen years of Russia's economic transition, Logvinenko concludes that financial internationalization allowed local elites to raise capital from foreign investors while maintaining control over local assets. They legitimized their wealth using Western institutions, but they did so on their terms. Global Finance, Local Control delivers a somber lesson about the integration of emerging markets: without strong domestic rule-of-law protections, financial internationalization entrenches oligarchic capitalism and strengthens authoritarian regimes.

Ownership Transformation, Economic Behavior, and Political Attitudes in Russia

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Ownership Transformation, Economic Behavior, and Political Attitudes in Russia by : John S. Earle

Download or read book Ownership Transformation, Economic Behavior, and Political Attitudes in Russia written by John S. Earle and published by . This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Russia's Road to Corruption

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Publisher :
ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Russia's Road to Corruption by : United States. Congress. House. Speaker's Advisory Group on Russia

Download or read book Russia's Road to Corruption written by United States. Congress. House. Speaker's Advisory Group on Russia and published by . This book was released on 2000 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Post-Soviet Russia

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Publisher : Columbia University Press
ISBN 13 : 023150263X
Total Pages : 409 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Post-Soviet Russia by : Roy A. Medvedev

Download or read book Post-Soviet Russia written by Roy A. Medvedev and published by Columbia University Press. This book was released on 2000-11-07 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Roy Medvedev, one of the world's best-known Russian scholars and a former consultant to both Gorbachev and Yeltsin analyzes the main events that have transpired in the Russian federation since late August 1991. He looks at the plans that were meant to restructure a society in crisis but—for reasons both complex and obvious—were destined to fail. From the drastic liberalization of prices and "shock therapy" to the privatization of state owned property and Yeltsin's resignation and replacement by Vladimir Putin, this is an intricately fascinating saga of good intentions, philosophical warfare, and catastrophic miscalculations. Among the many compelling facts detailed here are Yeltsin's utter surprise—and lack of preparation—at the failed coup against Gorbachev in 1991, when power fell virtually into his lap; his failure to heed the warnings of learned advisers like Yuri Yaremenko, who knew that Western economics could not be applied to Russia; and Yeltsin's dramatic (and unprecedented) decree in 1992 allowing anyone to sell or buy anything they wished. In a sweeping conclusion covering the critical events of 1998 and 1999 as well as a detailed analysis of the 1995 and 1996 elections, Medvedev lays forth an exhaustive survey of recent political shifts, attitudes, statistics, and trends. From birth and death rates on the farm and in the city through a number of highly charged campaigns and elections to the new goal of the Communist Youth League (to become millionaires), this is a breathtakingly detailed survey of an unforgettable chapter in Russia's history.

Comparing Workers in Russian Enterprises

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Comparing Workers in Russian Enterprises by : Richard Rose

Download or read book Comparing Workers in Russian Enterprises written by Richard Rose and published by . This book was released on 1996 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Microeconomics of Transformation and Growth

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 298 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Microeconomics of Transformation and Growth by : European Association for Comparative Economic Studies

Download or read book The Microeconomics of Transformation and Growth written by European Association for Comparative Economic Studies and published by Edward Elgar Publishing. This book was released on 1998 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains papers from an August 1995 symposium held at the Technical University Bergakademie Freiberg, Germany. Contributors discuss the significance of a microeconomic approach to the transformation process in Eastern Europe from theoretical and empirical perspectives. They demonstrate that modern microeconomics goes fay beyond the neoclassical approach in analyzing the transformation process, explain the need for new institutions, and argue that the state must play a strong role in shaping new institutions. Annotation copyrighted by Book News, Inc., Portland, OR