A Model Of Russia S Virtual Economy
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A Model Of Russia S Virtual Economy
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Author : R. E. Ericson
language : en
Publisher:
Release Date : 2000
A Model Of Russia S Virtual Economy written by R. E. Ericson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
The Russian Economy has evolved into a hybrid form, a partially monetized quasi-market system that has been called the virtual economy. In the virtual economy, barter and non-monetary transactions play a key role in transferring value from productive activities to the loss-making sectors of the economy. We show how this transfer takes place, and how it can be consistent with the incentives of economic agents. We analyze a simple partial-equilibrium model of the virtual economy, and show how it might prove an obstacle to industrial restructuring and hence marketizing transition. Published in: Review of Economic Design vol 6, issue 2 (2001) pp. 185-214, ISSN 1434-4742.
A Model Of Russia S Virtual Economy
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Author : R.E. Ericson
language : en
Publisher:
Release Date : 2000
A Model Of Russia S Virtual Economy written by R.E. Ericson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
Russia S Virtual Economy
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Author : Clifford G. Gaddy
language : en
Publisher: Brookings Institution Press
Release Date : 2002
Russia S Virtual Economy written by Clifford G. Gaddy and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
Clifford Gaddy's and Barry Ickes' thesis-- that Russia's economy is based on illusion or pretense about nearly every important economic yardstick, including prices, sales, wages and budgets-- has forced broad recognition of the inadequacies of the intended market reform policies in Russia and provided a coherent framework for understanding how and why so much of Russia's economy has resisted reform.
Bear Traps On Russia S Road To Modernization
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Author : Clifford G. Gaddy
language : en
Publisher: Routledge
Release Date : 2013-08-21
Bear Traps On Russia S Road To Modernization written by Clifford G. Gaddy and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-21 with Business & Economics categories.
Bear Traps examines Russia’s longer term economic growth prospects. It argues that Russia’s growth challenges are conventionally misdiagnosed and examines the reasons why: a spatial misallocation that imposes excess costs on production and investment; distortions to human capital; an excessively high relative price of investment that serves as a tax on physical capital accumulation; and an economic mechanism that inhibits adjustments that would correct the misallocation. Bear Traps explains why Soviet legacies still constrain economic growth and outlines a feasible policy path that could remove these obstacles. The most popular proposals for Russian economic reform today — diversification, innovation, modernization — are misguided. They are based on a faulty diagnosis of the country’s ills, because they ignore a simple reality: Russia’s capital, both physical and human, is systematically overvalued, owing to a failure to account for the handicap imposed by geography and location. Part of the handicap is an unavoidable consequence of Russia’s size and cold climate. But another part is self-inflicted. Soviet policies placed far too much economic activity in cold, remote locations. Specific institutions in today’s Russia, notably its federalist structure, help preserve the Soviet spatial legacy. As a result, capital remains handicapped. Investments made to compensate for the handicaps of cold and distance should properly be treated as costs. Instead, they are considered net additions to capital. When returns to what appear to be large quantities of physical and human capital fail to satisfy expectations, the blame naturally goes to poor institutions, corruption, backward technology, and so on. Policy proceeds along the wrong path, with costly programs that can end up doing more damage than good. The authors insist that the goal should be to seek to remove the handicaps rather than to spend to compensate for them. They discuss how Russia could develop a modernization program that would let the nation finally focus on its economic advantages, not its handicaps.
The Political Economy Of Russia
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Author : Neil Robinson
language : en
Publisher: Rowman & Littlefield Publishers
Release Date : 2012-07-13
The Political Economy Of Russia written by Neil Robinson and has been published by Rowman & Littlefield Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-13 with Political Science categories.
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.
Russian And Soviet Economic Performance And Structure
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Author : Paul R. Gregory
language : en
Publisher: Pearson
Release Date : 2001
Russian And Soviet Economic Performance And Structure written by Paul R. Gregory and has been published by Pearson this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
The Seventh Edition of Russian and Soviet Economic Performance and Structure offers students a balanced perspective in understanding the Soviet past and Russia's present and future. With thorough coverage of the Soviet legacy, the transition, and the contemporary Russian economy, the text allows instruction from either ahistorical or contemporary perspective. *NEW! A major update of the critical economic issues in contemporary Russia at the dawn of the twenty-first century. *NEW! Increased coverage of the critical energy and agriculture sectors of key issues such as privatization where more and better evidence is now available. *NEW! An assessment of a full ten years of Russian economic performance under transition, including increased emphasis on the basic issues in transition and the important differences between Russia and other transition economies. *NEW! Updated terminology for easier reference by students. *Allows flexible teaching choices. New contemporary focus still allows instructors the flexibility to teach the course from a historical perspective. *Authors are established, active scholars who are widely known and well respected in the field of comparative economic syste
Capitalism Russian Style
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Author : Thane Gustafson
language : en
Publisher: Cambridge University Press
Release Date : 1999-11-18
Capitalism Russian Style written by Thane Gustafson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-11-18 with Business & Economics categories.
For a decade Russia has been dismantling communism and building capitalism. Describing a deeply flawed fledgling market economy, Capitalism Russian-Style provides a progress report on one of the most important economic experiments going on in the world today. It describes Russian achievements in building private banks and companies, stock exchanges, new laws and law courts. It analyzes the role of the mafia, the rise of new financial empires, entrepreneurs and business tycoons, and the shrinking Russian state. Thane Gustafson tells how the Soviet system was dismantled and the new market society was born. He argues that this new society is changing constantly, so that any assessment of success and failure would be premature. Identifying investment as vital to preserving Russia's status as a major industrial power, in his final chapter he examines the prospects for an economic miracle in Russia in the twenty-first century.
Swords Into Market Shares
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Author : a Joseph Henry Press book
language : en
Publisher: Joseph Henry Press
Release Date : 2000-12-08
Swords Into Market Shares written by a Joseph Henry Press book and has been published by Joseph Henry Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-12-08 with Political Science categories.
While researching this book, Glenn Schweitzer met four Moscow physicists who were trying to license Russian technology to western firms for product manufacture. During the worst times, they were reduced to driving taxis to keep things afloat. He asked them, will technological innovation have a discernible impact on the Russian economy in the coming decade? No, was the immediate reply. Are they right? In Swords into Market Shares, Schweitzer examines the roots of such pessimism and the prospects for Russia to prosper from its technology in the post-Soviet world. He explores the different visions of prosperity held by entrepreneurs, technologists, and government officials and goes on to examine the barriers to progress as Russia struggles to build a viable technology industry on its own terms. In accessible language, this book talks about technology's place within Russia's economy and its research and development infrastructure. Schweitzer looks at the impact of the Soviet legacyâ€"central planning, lack of priorities, scant incentives for personal initiativeâ€"and the aftermath of the Russian financial meltdown of 1998. He also reviews the experiences of American companies that have invested in Russian technology and examines the results of pressure to reform according to the economic model of the West. Schweitzer goes on to document the problems of economic crime and government corruption, which plague activities designed to generate income in Russia. He discusses the lack of protection for intellectual property and taxation issues that stand in the way of technological innovation. The book looks at the impact of the "brain drain" as Russian experts seek greener pasturesâ€"not only the ominous recruitment of Russian biological weapons experts and the acquisition of military technology by "rogue" nationsâ€"but also Russia's own program to sell military technology for badly needed funds. Schweitzer's use of case studies and examples puts a human face on these issues. He also discusses Russia's 60 "science cities"â€"sites of state research centersâ€"with close-ups of three "nuclear cities." Can the technical strengths of the Soviet military complex find a place in civilian Russia? How can this vast country sustain even a minimal standard of living? Swords into Market Shares addresses these and other key questions and explores fundamental policy issues confronting both Russia and the United States as Russia struggles for an economic foothold.
Exploring The Future Of Russia S Economy And Markets
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Author : Bruno S. Sergi
language : en
Publisher: Emerald Group Publishing
Release Date : 2018-11-06
Exploring The Future Of Russia S Economy And Markets written by Bruno S. Sergi and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-06 with Business & Economics categories.
Based on the 2017 conference "'New Reality' and Russian Markets" held at Harvard University, this book brings together world-renowned thinkers to offer the latest empirical research on recent financial risks, institutional policies, and financial stability.
Modeling Economic Growth In Contemporary Russia
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Author : Bruno S. Sergi
language : en
Publisher: Emerald Group Publishing
Release Date : 2019-05-23
Modeling Economic Growth In Contemporary Russia written by Bruno S. Sergi and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-23 with Business & Economics categories.
Russia is one of the world's largest growing economies. With this exciting new growth and development, there is a wealth of knowledge to be discovered from the strategies and models being used and created throughout Russia's economy.