Privatisation in Russia - a Successful Experiment on the Way to a Market Economy? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Privatisation in Russia - a Successful Experiment on the Way to a Market Economy? write by Christine Polzin. This book was released on 2011-03-20. Privatisation in Russia - a Successful Experiment on the Way to a Market Economy? available in PDF, EPUB and Kindle. 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
Incentives and Institutions
Incentives and Institutions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Incentives and Institutions write by Serguey Braguinsky. This book was released on 2021-02-09. Incentives and Institutions available in PDF, EPUB and Kindle. Here, for the first time, two of Russia's leading economists provide an authoritative analysis of the transition to a democratic market economy that has taken place in Russia since 1990. Serguey Braguinsky, a Russian economist with extensive international experience, and Grigory Yavlinsky, leader of the liberal "Yabloko" party and a major public figure in Russia, focus on the institutions that are critical to a successful transition and the economic incentives needed to make these institutions work. Finally, they discuss in detail the specific components of the economic processes that are necessary for economic transition in general and they draw lessons that can be applied to other nations dealing with similar transitions. In 1989, Grigory Yavlinsky became a member of the Commission for Economic Reform and wrote the groundbreaking "500 Day Plan," which outlined the first program of transition to a market economy. Two years later, he co-wrote the program of strategic cooperation between the Soviet government and the West (known as the "Grand Bargain"). Here he and Serguey Braguinsky examine what went wrong with the Russian plan--and what is needed to put the economy back on the road to becoming a fully functioning market economy. The first section of the book presents a new interpretation of the political economy of the socialist state and the incentives and institutions that underpin it, with an emphasis on the present Russian situation. The second part deals with the political economy of "spontaneous transition" and the inefficiencies inherent in economies that lack the organizations and institutions that inhere in established Western democratic economies. In the final section, the authors present a program of actions to put the economic transition in Russia back on track, based on their assessment of the actual current state of both the economy and the government. Their approach is unique in emphasizing organizational evolution at the microeconomic level instead of stressing macroeconomic issues such as money and inflation that are at the heart of most arguments. This is a thoughtful and thought-provoking book and one that will be widely discussed and debated.
Russia's Market Economy
Russia's Market Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Russia's Market Economy write by Stefan Hedlund. This book was released on 2002-11-01. Russia's Market Economy available in PDF, EPUB and Kindle. Russia's Market Economy is a seminal account of Russia's transition to the market, its tortuous development as a fledgling market economy through the 1990s, right through to its spectacular collapse in August 1998. Rather than beginning with the economic collapse, the book traces the historical mismanagement of Russian wealth through to the Soviet command economy, and on to Gorbachev. Stefan Hedlund finally discusses what lessons should be learned from the damage inflicted on the Russian economy, as well as its social, legal and political infrastructure, by the race of reform.
Kremlin Capitalism
Kremlin Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Kremlin Capitalism write by Joseph R. Blasi. This book was released on 2018-10-18. Kremlin Capitalism available in PDF, EPUB and Kindle. 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.
The Piratization of Russia
The Piratization of Russia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Piratization of Russia write by Marshall I. Goldman. This book was released on 2003-04-10. The Piratization of Russia available in PDF, EPUB and Kindle. 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.
