The Russian Economy

The Russian Economy

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Description

As Russia aggressively tries to regain the status of a 'Great Power', whether it has the economic capacity to do so has become a matter of enormous topical importance, not just for those with a long-standing professional interest in the Russian economy, but also for a wider range of economists, political scientists, and foreign-policy specialists who need to understand the workings of this major-if somewhat unusual-state. Moreover, to determine if Russia can meet and sustain its apparent ambitions requires a knowledge not just of its current economic circumstances, but also of its economic past. What, if any, is the legacy of the Soviet period? How did Russia approach the transition from central planning to a market-type economy (a question which is relevant not just to our understanding of Russia itself, but also of transitional, emerging, and developing countries more generally)? And, leaving aside its Great Power ambitions, does the contemporary Russian economy possess the resources, structures, and policies to enable it to achieve and sustain even a viable society?

As serious research on and around the Russian economy continues to blossom, this new title from Routledge's Critical Concepts in Economics series addresses these and other questions. In four volumes, the collection provides a much-needed compendium of foundational and the very best cutting-edge scholarship. It brings together the most informative and influential major works on the Soviet economy, Russia's early post-Soviet transition experiences, and its continuing economic successes and failures.

The Russian Economy is fully indexed and has a comprehensive introduction, newly written by the editor, which places the collected material in its historical and intellectual context. It is an essential work of reference and is destined to be valued by scholars, students, and policymakers as a vital one-stop research and pedagogic resource.
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Product details

  • Hardback | 1482 pages
  • 156 x 234 x 107.95mm | 453g
  • Routledge
  • London, United Kingdom
  • English
  • 167 Tables, black and white; 114 Illustrations, black and white
  • 1138961949
  • 9781138961944

Table of contents

VOLUME I

FROM CENTRAL PLANNING TO SHOCK THERAPY

Acknowledgements

Chronological table of reprinted articles and chapters

Introduction

PART 1

Features

1 Extracts from Economics of Shortage

JANOS KORNAI

2 Soviet growth: routine, inertia, and pressure

GREGORY GROSSMAN

3 The informal organization of the Soviet firm

JOSEPH S. BERLINER

PART 2

Debates over measuring performance

4 The failure of the American Sovietological economics profession

JOHN HOWARD WILHELM

5 The illusion of material progress: the analytics of Soviet economic growth revisited

STEVEN ROSEFIELDE

PART 3

Was the Soviet economy allocatively efficient?

6 Efficiency loss from resource misallocation in Soviet industry

PADMA DESAI AND RICARDO MARTIN

7 Why does the Soviet economy appear to be allocatively efficient?

ROBERT S. WHITESELL

8 'Allocational efficiency' - can it be so?

ALEC NOVE

PART 4

Cost of empire

9 The empire strikes back: the evolution of the Eastern bloc from a Soviet asset to a Soviet liability

VALERIE BUNCE

10 A reassessment of the burden of Eastern Europe on the USSR

DINA ROME SPECHLER AND MARTIN C. SPECHLER

PART 5

Perestroika

11 Perestroika: theoretical and political problems of economic reforms in the USSR

VLADIMIR MAU

12 Between perestroika and privatisation: divided strategies and political crisis in a Soviet enterprise

MICHAEL BURAWOY AND KATHRYN HENDLEY

VOLUME II

FROM SHOCK THERAPY TO PUTIN

Acknowledgements

PART 1

Shock therapy: what was it?

13 The liberal market reform program

SERGEI SINELNIKOV-MURYLEV AND ALEXEI ULUYKAEV

PART 2

Big Bang versus gradualism14 Who lost Russia?

JOSEPH STIGLITZ

15 Reforming without a map

ANDREI SHLEIFER AND DANIEL TREISMAN

PART 3

Welfare consequences

16 Premature deaths: Russia's radical economic transition in Soviet perspective

STEVEN ROSEFIELDE

17 Channels of redistribution: inequality and poverty in the Russian transition

SIMON COMMANDER, ANDREI TOLSTOPIATENKO AND RUSLAN YEMTSOV

18 A normal country: Russia after communism

ANDREI SHLEIFER AND DANIEL TREISMAN

PART 4

Privatisation

19 Does privatisation improve performance of industrial enterprises? Empirical evidence from Russia

YURII PEREVALOV, ILYA GIMADII AND VLADIMIR DOBRODEI

20 The productivity effects of privatization: longitudinal estimates from Hungary, Romania, Russia, and Ukraine

J. DAVID BROWN, JOHN S. EARLE AND ALMOS TELEGDY

21 The economic effects of privatization: evidence from a Russian panel

DEREK C. JONES

22 "Loans for shares" revisited

DANIEL TREISMAN

23 The role of oligarchs in Russian capitalism

SERGEI GURIEV AND ANDREI RACHINSKY

PART 5

Virtual economy

24 An accounting model of the virtual economy in Russia

CLIFFORD GADDY AND BARRY W. ICKES

PART 6

Putin - reform agenda and early performance

25 Putin's second term is likely to differ from his first: a rebuttal

ANDERS ASLUND

PART 7

2008 and beyond

26 Economic modernisation and diversification in Russia. Constraints and challenges

SILVANA MALLE

27 Challenges of Russian economic policy: modernisation or acceleration? (perestroika or uskorenie)

VLADIMIR MAU

VOLUME III

RECURRING ISSUES

Acknowledgements

PART 1

Geographical issues

28 Roots of Russia's economic dilemmas: liberal economics and illiberal geography

ALLEN C. LYNCH

29 Reflections on a geographic dichotomy: archipelago Russia

LESLIE DIENES

30 The cost of the cold

FIONA HILL AND CLIFFORD GADDY

PART 2

Institutions and the reform trap

31 Institutions, business and the state in Russia

ANDREI KUZNETSOV AND OLGA KUZNETSOVA

32 Winners take all: the politics of partial reform in postcommunist transitions

JOEL S. HELLMAN

33 Spontaneous (non)emergence of property rights

LEONID POLISHCHUK AND ALEXEI SAVVATEEV

34 After the Big Bang? Obstacles to the emergence of the rule of law in post-communist societies

KARLA HOFF AND JOSEPH E. STIGLITZ

PART 3

Rent addiction, resource curse, Dutch disease

35 Putin's rent management system and the future of addiction in Russia

CLIFFORD G. GADDY AND BARRY W. ICKES

36 Can Russia break the "resource curse"?

RUDIGER AHREND

37 Observations on Russian exposure to the Dutch Disease

SHINICHIRO TABATA

38 Diagnosing the 'Russian disease': growth and structure of the Russian economy

MASAAKI KUBONIWA

PART 4

Fiscal and monetary policy

39 Measuring the performance of fiscal policy in Russia

ANTONIO SPILIMBERGO

40 What should Russian monetary policy be?

JACQUES SAPIR

PART 5

Investment climate

41 Corporate raiding and the role of the state in Russia

MICHAEL ROCHLITZ

42 Russia's inward and outward foreign direct investment: insights into the economy

PHILIP HANSON

PART 6

Competitiveness

43 Can Russia compete in the global economy?

JULIAN COOPER

44 Observations on changes in Russia's comparative advantage, 1994-2005

SHINICHIRO TABATA

45 Russian industrial restructuring: trends in productivity, competitiveness and comparative advantage

RUDIGER AHREND

VOLUME IV

SECTORS

Acknowledgements

PART 1

Agriculture

46 Private farming in Russia: an emerging success?

STEPHEN K. WEGREN

47 Is Russia the emerging global 'breadbasket'? Re-cultivation, agroholdings and grain production

OANE VISSER, MAX SPOOR AND NATALIA MAMONOVA

PART 2

Defence industry

48 The Russian economy twenty years after the end of the socialist economic system

JULIAN COOPER

49 Russia's defense spending and the economic decline

SUSANNE OXENSTIERNA

PART 3

Oil and gas

50 The Kremlin, national champions and the international oil companies: the political economy of the Russian oil and gas industry

MICHAEL BRADSHAW

51 Ownership and enterprise performance in the Russian oil industry, 1992-2012

NAT MOSER

PART 4

Financial sector

52 Are private banks more efficient than public banks? Evidence from Russia

ALEXEI KARAS, KOEN SCHOORS AND LAURENT WEIL

53 Sustaining Russia's growth: the role of financial reform

ERIK BERGLOF AND ALEXANDER LEHMANN

54 Financial constraints on the modernization of the Russian economy

RICHARD CONNOLLY

PART 5

Social sector

55 The cost of illness, disability, and premature mortality to Russia's economy

JUDYTH L. TWIGG

56 Recent demographic developments in the Russian Federation

IRINA DENISOVA AND JUDITH SHAPIRO

PART 6

Informal sector

57 The changing contours of corruption in Russia: informal intermediaries in state-business relations

IRINA OLIMPIEVA

58 The unofficial economy in Russia

BYUNG-YEON KIM

PART 7

Regional sector

59 Speed of reform, initial conditions or political orientation? Explaining Russian regions' economic performance

RUDIGER AHREND

60 Fiscal federalism in Russia: theory, comparisons, evaluations

ULRICH THIESSEN

Index
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