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Russia S Intractable Economic Problems And The Next Steps In Legal Reform


Russia S Intractable Economic Problems And The Next Steps In Legal Reform
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Russia S Intractable Economic Problems And The Next Steps In Legal Reform


Russia S Intractable Economic Problems And The Next Steps In Legal Reform
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Author : William P. Kratzke
language : en
Publisher:
Release Date : 2010

Russia S Intractable Economic Problems And The Next Steps In Legal Reform written by William P. Kratzke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.


In August 1998, the Russian government defaulted on its debt, ordered private borrowers to default on foreign loans, and abandoned its support of the ruble - thereby provoking a collapse of the country's banking system. The monetary crisis revealed the fundamental weakness of the Russian economy. The source of Russia's economic woes is its unique legacy of socialism. Soviet socialism was an incredibly inefficient system. It is unfortunate that the system survived so long because the Soviet Union's legacy is an economy that suffers from massive distortions that greatly inhibit efforts to move to a market economy. Economic distortions in Russia, as with economic distortions anywhere, occur because the distortions are rewarded outside of or irrespective of competitive market forces. Law reform in Russia proceeds on many fronts. This paper takes the position that the most important reforms for Russia are those that eliminate the reward system that encourages highly inefficient economic activity. These reforms are implementation of an effective bankruptcy law and the de-politicization of business. The two go hand-in-hand. The politicization of business renders Russia's bankruptcy laws ineffective by making non-viable business entities appear to be solvent. Only when the Russian government - and the Russian people - have removed this reward system can conditions affirmatively conducive economic to growth be fostered and a business environment competitively attractive to foreign investment established. This position is by now uncontroversial, but the paper examines such reform in the context of the obstacles to its achievement.



Northwestern Journal Of International Law Business


Northwestern Journal Of International Law Business
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Author :
language : en
Publisher:
Release Date : 2000

Northwestern Journal Of International Law Business written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business categories.




Index To Legal Periodicals Books


Index To Legal Periodicals Books
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Author :
language : en
Publisher:
Release Date : 2001

Index To Legal Periodicals Books written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Law categories.




Reforming Infrastructure


Reforming Infrastructure
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Author : Ioannis Nicolaos Kessides
language : en
Publisher: World Bank Publications
Release Date : 2004

Reforming Infrastructure written by Ioannis Nicolaos Kessides and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.


Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.



Governance


Governance
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Author :
language : en
Publisher: World Bank Publications
Release Date : 1994-01-01

Governance written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-01-01 with Business & Economics categories.


Policy dialogue on governance.



International Law Trade Perspective


International Law Trade Perspective
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Author :
language : en
Publisher:
Release Date : 2000

International Law Trade Perspective written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Commerce categories.




Russia S Road To Corruption


Russia S Road To Corruption
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Author : United States. Congress. House. Speaker's Advisory Group on Russia
language : en
Publisher:
Release Date : 2000

Russia S Road To Corruption written by United States. Congress. House. Speaker's Advisory Group on Russia and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Russia (Federation) categories.




Political Science Abstracts


Political Science Abstracts
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Author : IFI/Plenum Data Company staff
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-11-11

Political Science Abstracts written by IFI/Plenum Data Company staff and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-11 with Business & Economics categories.


Political Science Abstracts is an annual supplement to the Political Science, Government, and Public Policy Series of The Universal Reference System, which was first published in 1967. All back issues are still available.



Energy Empire


Energy Empire
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Author : Fiona Hill
language : en
Publisher:
Release Date : 2004

Energy Empire written by Fiona Hill and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Gas industry categories.




Anticorruption In Transition


Anticorruption In Transition
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Author :
language : en
Publisher: World Bank Publications
Release Date : 2000-01-01

Anticorruption In Transition written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Political Science categories.


With the increasing recognition across the world of the damaging effects of corruption on economic growth and social stability. This report seeks to unpack the varied practices of corruption to identify and compare different patterns of the transition countries of Central and Eastern Europe, the Baltic states, and the Commonwealth of Independent States. It then draws out lessons for tailoring anticorruption strategies to address the variation across the region in an effort to target reforms more effectively. The report draws on many sources of ongoing research and lessons of experience, including the World Bank's work in this area. It is intended as a contribution to the growing policy dialogue on developing practical strategies for reducing corruption.