This book argues that Russia has struggled under autocratic power and that this continues to affect economic development today. A 'cult of power' has underpinned legal nihilism, distrust, secrecy and aversion to transparency and accountability. Informal institutions are more important than formal institutions, and influence macroeconomic development. Property and power are merged while property rights are weakly developed. Russia does not only face market failure, but also hierarchy and network failure. A system of values and social practices, with deep historic roots, constitutes perhaps the most formidable obstacle to social and economic development. By exploring the operating mechanisms of the Russian economy in a comparative perspective, and with fascinating insights into how a socio-economic infrastructure has been created which continues to exert an influence on modern-day Russia and limits its development, this book is an essential read for all interested in the Russian economy and modern Russian history.
This book argues that Russia has struggled under autocratic power and that this continues to affect economic development today. A 'cult of power' has underpinned legal nihilism, distrust, secrecy and aversion to transparency and accountability. Informal institutions are more important than formal institutions, and influence macroeconomic development. Property and power are merged while property rights are weakly developed. Russia does not only face market failure, but also hierarchy and network failure. A system of values and social practices, with deep historic roots, constitutes perhaps the most formidable obstacle to social and economic development. By exploring the operating mechanisms of the Russian economy in a comparative perspective, and with fascinating insights into how a socio-economic infrastructure has been created which continues to exert an influence on modern-day Russia and limits its development, this book is an essential read for all interested in the Russian economy and modern Russian history.
This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the...
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and...
The relationship between Germany and Russia is Europe's most important link with the largest country on the continent. But despite Germany's unparalleled knowledge and historical experience, its...
List of Maps and Tables Foreword Preface Acknowledgments List of Abbreviations Prologue Introduction PART I: BACKGROUND The Russian Context The EU TEMPUS TACIS Programme The UK Know How Fund and SEPS...
This book presents unique results of complex studies from the all-Russian longitudinal study "Grow with Russia". In the framework of the cultural-historical concept, it focuses on the social...
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