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.
Edited by:
Stephen Fortescue
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions:
Height: 234mm,
Width: 156mm,
Weight: 453g
ISBN: 9781138961944
ISBN 10: 1138961949
Series: Critical Concepts in Economics
Pages: 1482
Publication Date: 16 March 2017
Audience:
College/higher education
,
Further / Higher Education
,
A / AS level
Format: Mixed media product
Publisher's Status: Active
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
