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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.
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This book explores the operating mechanisms of the Russian economy in a comparative perspective, and offers fascinating insights into how the socio-economic infrastructure limits development
Synopsis:
This book traces the roots of current problems in the Russian economy by looking at historical background. It examines and analyses the reasons for the lack of development, despite growth, in the Russian economy. It explores ingrained traditions and hierarchies in Russian society which affect economic development.This book explores the operating mechanisms of the Russian economy in a comparative perspective, and offers 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.
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- PublisherPalgrave Macmillan
- Publication date2008
- ISBN 10 0230542786
- ISBN 13 9780230542785
- BindingHardcover
- Number of pages206
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Russia's Development Problem: The Cult of Power (Studies in Economic Transition)
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RUSSIA'S DEVELOPMENT PROBLEM: THE CULT OF POWER (STUDIES IN ECONOMIC TRANSITION)
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Russia's Development Problem: The Cult of Power (Studies in Economic Transition) by Zon, H. van [Hardcover ]
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Russia's Development Problem: The Cult of Power (Studies in Economic Transition)
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Russia's Development Problem
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Book Description Buch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book explores the operating mechanisms of the Russian economy in a comparative perspective, and offers 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. 191 pp. Englisch. Seller Inventory # 9780230542785
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Book Description Buch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - This book explores the operating mechanisms of the Russian economy in a comparative perspective, and offers 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. Seller Inventory # 9780230542785
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