The Russian Economy
1st Edition
Published on 16. March 2017
Book
1482 pages
978-1-138-96194-4 (ISBN)
Description
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.
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.
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
114 s/w Abbildungen, 167 s/w Tabellen
167 Tables, black and white; 114 Illustrations, black and white
Dimensions
Height: 234 mm
Width: 156 mm
Weight
453 gr
ISBN-13
978-1-138-96194-4 (9781138961944)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Content
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
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