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The Challenges For Russias Politicized Economic System
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Book Synopsis The Challenges for Russia's Politicized Economic System by : Susanne Oxenstierna
Download or read book The Challenges for Russia's Politicized Economic System written by Susanne Oxenstierna and published by Routledge. This book was released on 2015-04-10 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the early 2000s the market liberalization reforms to the Russian economy, begun in the 1990s, were consolidated. But since the mid 2000s economic policy has moved into a new phase, characterized by more state intervention with less efficiency and more structural problems. Corruption, weak competitiveness, heavy dependency on energy exports, an unbalanced labour market, and unequal regional development are trends that have arisen and which, this book argues, will worsen unless the government changes direction. The book provides an in-depth analysis of the current Russian economic system, highlighting especially structural and institutional defects, and areas where political considerations are causing distortions, and puts forward proposals on how the present situation could be remedied.
Book Synopsis The Political Economy of Russia by : Neil Robinson
Download or read book The Political Economy of Russia written by Neil Robinson and published by Rowman & Littlefield Publishers. This book was released on 2012-07-13 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book explores Russia’s political development since the collapse of the USSR and how inextricably it has been bound up with economic change. Tracing the evolution of Russia’s political economy, leading scholars consider how it may continue to develop going forward. They assess the historical legacies of the Soviet period, showing how—despite policies implemented after the USSR dissolved in 1991—there are ongoing bitter battles over property and state revenues, over land, and over welfare. The book puts these domestic issues in international and comparative perspective by considering Russia’s position in the global economy and its growing role as a major energy producer. Focusing especially on the nature and future of Russian capitalism, the contributors weigh the political problems that confront Russia in its ongoing struggle to modernize and develop its economy. Contributions by: Andrew Barnes, Paul T. Christensen, Linda J. Cook, Gerald M. Easter, Neil Robinson, Richard Sakwa, and Stephen K. Wegren.
Book Synopsis Russia and the World Economy by : Alan H Smith
Download or read book Russia and the World Economy written by Alan H Smith and published by Routledge. This book was released on 1993-05-20 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia and the World Economy analyses the major economic, historical and political obstacles to the successful integration of the Russian economy into the world economy. Alan Smith examines the role of Western assistance and advice in this process, and the potential implications of failure of reforms in Russia for global stability and international
Download or read book Russia's Transformation written by and published by . This book was released on 2008 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Students survey the economic issues and political developments that have shaped the outlook of policymakers in the Kremlin.
Book Synopsis The New Political Economy of Russia by : Erik Berglof
Download or read book The New Political Economy of Russia written by Erik Berglof and published by MIT Press. This book was released on 2003-06-06 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of the challenges facing Russia's economy ten years after the transition, based on recent research and data. Can Russia's recent burst of economic growth be sustained? Taking a comprehensive look at the economic and political regime shift from Yeltsin to Putin, this book explores the key challenges facing the Russian economy: to narrow the productivity gap between Russian and Western firms and industries; to attract more domestic and foreign investment; and, underlying these goals, to implement the judicial, administrative, social, and banking reforms necessary to future growth. Written by a team of researchers from the Center for Economic and Financial Research—a Moscow-based independent think tank—the book draws on a wealth of new research and data. The authors emphasize the need to strengthen the protection of property rights, restructure the banking sector, and reduce government officials' powers to intervene arbitrarily in private businesses. They also stress the importance of enhancing human capital—through educational reform and by reducing barriers to citizens' geographical and sectoral mobility. Considering political institutions, the authors examine the promise and risks of the centralization of power around President Putin. Finally, they discuss the likely impact of Russia's greater integration into the world economy, notably through its potential membership in the World Trade Organization.
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 Economics And Politics In The USSR by : Hans-Hermann Hohmann
Download or read book Economics And Politics In The USSR written by Hans-Hermann Hohmann and published by Routledge. This book was released on 2019-03-05 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Soviet scholars have apparently stayed clear of meaningful analysis of such touchy subjects as interdependence and conflict in the relationship between economics and politics. Very little has been published on this issue—no surprise in a system that controls centrally both politics and the economy, with an emphasis on rapid economic development. The absence of meaningful Soviet research led the Federal Institute for East European and International Studies in Cologne to sponsor an international interdisciplinary conference on the subject. Contributions to the resulting book cover three main areas. The first includes the impact of traditional Russian political culture on contemporary Soviet economic thinking and behavior, the rank of economic aims in the priority system of Soviet politics, and the function of economic institutions in the implementation of political aims. The second concerns the role of political lobbies in the economy and repercussions of economic change for Soviet politics. Foreign economic relations and the USSR's foreign policy make up the third area. The concluding discussion reviews the state of international research and identifies areas for future study.
Book Synopsis The Russian Economy: a Very Short Introduction by : Richard Connolly
Download or read book The Russian Economy: a Very Short Introduction written by Richard Connolly and published by Oxford University Press, USA. This book was released on 2020-07-23 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia today is as prominent in international affairs as it was at the height of the Cold War. Yet the role that the economy plays in supporting Russia's position as a 'great power' on the international stage is poorly understood. For many, Russia's political influence far exceeds its weight in the global economy. However, Russia is one of the largest economies in the world; it is not only one of the world's most important exporters of oil and gas, but also of other natural resources, such as diamonds and gold. Its status as one of the largest wheat and grain exporters shapes commodity prices across the globe, while Russia's enormous arms industry, second only to the United States, provides it with the means to pursue an increasingly assertive foreign policy. All this means that Russia's economy is crucial in serving the country's political objectives, both within Russia and across the world. Russia today has a distinctly political type of economy that is neither the planned economy of the Soviet era, nor a market-based economy of the Euro-Atlantic variety. Instead, its economic system is characterised by a unique blend of state and market; control and freedom; and natural resources alongside human ingenuity. The Russian Economy: A Very Short Introduction introduces readers to the dimensions of the Russian economy that are often ignored by the media and public figures, or exaggerated and misunderstood. In doing so, it shows how Russia's economy is one of global significance, and helps explain why many of Russia's enduring features, such as the heavy hand of the state and the emphasis on military-industrial production, have persisted despite the immense changes that took place after the disintegration of the Soviet Union in 1991. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
Download or read book Russia written by Piotr Dutkiewicz and published by NYU Press. This book was released on 2011-05-01 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Russia, a group of leading Russian intellectuals and social scientists join with top researchers from around the world to examine the social, political, and economic transformation in Russia. This timely and important book of orginal essays makes clear that neither politics nor economics alone holds the key to Russia's future, presenting critical perspectives on challenges facing Russia, both in its domestic policies and in its international relations. It also explores how global order—or disorder—may develop over the coming decades. Contributors include: Oleg Atkov, Timothy J. Colton, Georgi Derluguian, Mikhail K. Gorshkov, Leonid Grigoriev, Nur Kirabaev, Andrew C. Kuchins, Bobo Lo, Roderic Lyne, Vladimir Popov, Alexander Rahr, Richard Sakwa, Guzel Ulumbekova, Vladimir I. Yakunin, Rustem Zhangozha.
Book Synopsis The Oxford Handbook of the Russian Economy by : Michael Alexeev
Download or read book The Oxford Handbook of the Russian Economy written by Michael Alexeev and published by Oxford University Press. This book was released on 2013-06-04 with total page 1024 pages. Available in PDF, EPUB and Kindle. Book excerpt: By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreign exchange reserves in the world, behind only China and Japan. But while this impressive economic growth has raised the average standard of living and put a number of wealthy Russians on the Forbes billionaires list, it has failed to solve the country's deep economic and social problems inherited from the Soviet times. Russia continues to suffer from a distorted economic structure, with its low labor productivity, heavy reliance on natural resource extraction, low life expectancy, high income inequality, and weak institutions. While a voluminous amount of literature has studied various individual aspects of the Russian economy, in the West there has been no comprehensive and systematic analysis of the socialist legacies, the current state, and future prospects of the Russian economy gathered in one book. The Oxford Handbook of the Russian Economy fills this gap by offering a broad range of topics written by the best Western and Russian scholars of the Russian economy. While the book's focus is the current state of the Russian economy, the first part of the book also addresses the legacy of the Soviet command economy and offers an analysis of institutional aspects of Russia's economic development over the last decade. The second part covers the most important sectors of the economy. The third part examines the economic challenges created by the gigantic magnitude of regional, geographic, ethnic, religious and linguistic diversity of Russia. The fourth part covers various social issues, including health, education, and demographic challenges. It will also examine broad policy challenges, including the tax system, rule of law, as well as corruption and the underground economy. Michael Alexeev and Shlomo Weber provide for the first time in one volume a complete, well-rounded, and essential look at the complex, emerging Russian economy.
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.
Book Synopsis The Destruction of the Soviet Economic System by : Michael Ellman
Download or read book The Destruction of the Soviet Economic System written by Michael Ellman and published by M.E. Sharpe. This book was released on 1998-06-16 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The political collapse of the Soviet Union has been much better documented than the course of its economic and social disintegration. To get an inside account, Ellman and Kontorovich questioned former top Soviet officials and economic and other policy advisors (both Soviet and foreign) who were privy not only to the data but also to the internal policy debate during the 1980s. They have woven their informants' analyses of key issues and turning points into a compelling history of systemic collapse. Among the topics covered are: economic performance in the 1980s; the standard of living; the reliability of Soviet statistics; Gosplan's projections for the economy to the year 2000; the arms race as a drain on the civilian economy; the role of ideology and the party's role in the functioning of the economic system; the struggle over a transition program; the influence of foreign advisors; and the functioning and collapse of the supply system, the CMEA, and the foreign trade system. Professor Ellman is the recipient of the 1998 Kondratieff gold medal for his contribution to the development of the social sciences.
Book Synopsis Russian Politics by : Zoltan D. Barany
Download or read book Russian Politics written by Zoltan D. Barany and published by Cambridge University Press. This book was released on 2001-08-27 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: What went wrong in Russia's decade-old post-communist transition? A group of leading young scholars answer this question by offering assessments of five crucial political arenas during the Yeltsin era: elections, executive-legislative relations, interactions between the central state and the regions, economic reforms, and civil-military relations. All of the contributors recognize that adverse historical legacies have complicated Russian democratization. They challenge structural explanations that emphasize constraints of the pre-existing system, however, and concentrate instead on the importance of elite decisions and institution-building. The authors agree that elites' failure to develop robust political institutions has been a central problem of Russia's post-communist transition. The weakness of the state and its institutions has contributed to a number of serious problems threatening democratic consolidation. These include the tensions between the executive and the legislature, the frail infrastructure for successful market reform, and the absence of proper civilian control over the armed forces.
Book Synopsis Two Decades of Re-Emerging Russia: Challenges and Prospects by : Mr Sanjay Deshpande
Download or read book Two Decades of Re-Emerging Russia: Challenges and Prospects written by Mr Sanjay Deshpande and published by KW Publishers Pvt Ltd. This book was released on 2015-04-15 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia has been re-emerging as a major political and economic power during the last decade. The leadership of Russia claims that the objectives of transition from the former one-party socialist system to a plural multiparty democratic system and centralised planning to market economy are largely achieved. Russia is politically stable and has demonstrated how new political institutions, multiparty system are functioning under three presidents. In the initial years after the disintegration of the Soviet Union, the Russian economy passed through different phases such as crisis, boom and recovery. Russia has largely succeeded in managing its political and economic relations with “Near Abroad” which have witnessed considerable complexities over the last two decades. Russia has demonstrated that its bilateral ties with India in the political and defence sectors have been consistently cordial and close. However, trade and economic relations need to be strengthened. Notwithstanding its major achievements, Russia has been facing several problems, both in its domestic front and in its foreign relations. Some of the major problems on the domestic front are: over centralisation of power, nexus between state authorities, oligarchs and the bureaucracy, growing menace of corruption, surging political reactions by political parties and some former powerful leaders on various political issues, growing social discontent, issues between different ethnic groups, widening economic disparities among various sections of society and regions. On the external front, Russia has conflicts of interest with some former Soviet republics such as Georgia, Moldova, Ukraine and the Baltic states. Russia’s relations with the US and NATO have been highly critical on political and security related issues. There is a need for an objective and critical evaluation of how Russia has managed its domestic and foreign affairs after the collapse of the Soviet Union. What were the successes and failures of Russia in its policies and performance with regard to the social, political and economic developments in the country? This book is as attempt to assess those developments.
Book Synopsis Russia's Crony Capitalism by : Anders Aslund
Download or read book Russia's Crony Capitalism written by Anders Aslund and published by Yale University Press. This book was released on 2019-05-23 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: A penetrating look into the extreme plutocracy Vladimir Putin has created and its implications for Russia’s future This insightful study explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from the KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism. Much of this wealth has been hidden in offshore havens in the United States and the United Kingdom, where companies with anonymous owners and black money transfers are allowed to thrive. Though beneficial to a select few, this system has left Russia’s economy in untenable stagnation, which Putin has tried to mask through military might.
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 How Russia is Not Ruled by : Allen Lynch
Download or read book How Russia is Not Ruled written by Allen Lynch and published by . This book was released on 2005 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: How important is the state to Russia's prospects, even as Russia tries to work out the contours of a stable and productive market-based economic system? What kind of political order corresponds to the challenges that Russia faces? This book argues that geography is important to these questions.
