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The New Russia
This work delivers the unpopular message that the West has played a pivotal role in the Russian economic disaster of the 1990s. The 26 contributions to this book examine this topic which is divided into three parts: theory, evidence, and policy.
Restructuring, Stabilizing and Modernizing the New Russia
Russia has embarked upon a difficult process of systemic transformation and economic opening up. While the initial strong GDP decline seemed to have ended in 1997, the real development was facing even more difficult problems as output declined sharply after the Ruble and banking crisis of August 1998: inflation started to increase again, exports and imports were falling, capital flight increasing and unemployment rising. There is broad disappointment in Russia regarding the transformation failure in 1998 since so many people had hoped that the end of the Soviet command economy would bring democracy, prosperity and international integration. While Poland has been able to double per capita inc...
Freedom, Repression, and Private Property in Russia
This study demonstrates how the emergence of private property and a market economy after the Soviet Union's collapse enabled a degree of freedom while simultaneously supporting authoritarianism. Based on case studies, Vladimir Shlapentokh and Anna Arutunyan analyze how private property and free markets spawn feudal elements in society. These elements are so strong in post-Communist Russia that they prevent the formation of a true democratic society, while making it impossible to return to totalitarianism. The authors describe the resulting Russian society as having three types of social organization: authoritarian, feudal and liberal. The authors examine the adaptation of Soviet-era institutions like security forces, the police and the army to free market conditions and how they generated corruption; the belief that the KGB was relatively free from corruption; how large property holdings merge with power and necessitate repression; and how property relations affect government management and suppression.
Internationalization and Economic Policy Reforms in Transition Countries
Edward M. Graham, Nina Oding and Paul J. J. Welfens Eastern Europe and the former Soviet Union have achieved sustained economic growth in first half of the new decade in the 2V^ century. EU ac cession countries which have joined the EU have benefited mainly from high capital inflows, a reduced risk premium - with shadow effects of this already occurring in the years before explicit membership - and growing trade. While system transformation has undermined trade between Eastern Europe and Russia for several years there are medium prospects for grow ing trade in the whole of Europe. Russia's case, however, is different from the EU accession countries as a major driving force of economic dynami...
Economic Liberalization and Integration Policy
After the 1998 Russian economic crisis, there are new opportunities for sustained growth in many countries of the former Soviet Union. Against this backdrop, the authors of this book analyze the dynamics of macroeconomic and structural developments in Eastern Europe and Russia, with special attention paid to problems of international and national integration, "Dutch disease" and natural resource dependency, and distortions in institutional reforms. The analysis also sheds light on how these problems have implications for cooperation among OECD-countries. A critical focus is on institutional adjustment and learning, human capital formation, trade and foreign investment. The political economy challenges of stability and growth in the region are highlighted. New empirical findings and comparative policy analysis - including in the field of natural resource policy - are major elements in this publication.
Economic Opening Up and Growth in Russia
After a decade of sharp economic decline, Russia switched to an impressive period of economic growth. Yet the economic record is still mixed, and many key problems remain unresolved, both in the economic sphere and the political system. The focus is on economic dynamics in Russia, reasons for its hesitant opening up process as well as the special role of the natural resources sector which is expected to continue to grow. This analysis highlights the existing deficiencies of the Russian economic system and raises doubts about the sustainability of growth. Twin focus is on required reforms and endogenous forces that impair liberalizing trade and investment in an orderly way. Russian discussions on WTO and other international topics are reflected.
Economic Aspects of German Unification
German unification is changing central Europe, the EC and international economic and political relations. Prosperous West Germany with its "social market economy" has absorbed the socialist GDR which is facing a complex systemic tranformation process. This volume analyzes the causes, developments, and processes that are associated with German unification. The merger of the two Germanies provides a unique laboratory like example of institutional and economic changes against which established economic theoreis and economic policy concepts can be tested. German unification raises, of course, many new questions for Grmany itself, Europe, and the whole international community. Will the enlarged G...
The Coming of New Industrial State
The book explores the effect of modern technological shifts on human society, showing that technologies are undergoing accelerating qualitative changes that open up new opportunities for personal development and satisfaction of wants and, simultaneously, engender risks associated with growing opportunities of human interference with nature and technogenic stress on the environment. Based on the study of cutting-edge technologies and resulting socioeconomic shifts, Bodrunov’s analysis outlines the shape of the civilizational crisis we face. It can only be overcome by founding a new industrial society of the second generation (if we consider the new industrial state described by J. K. Galbraith as the first generation) reliant on knowledge intensive material production and the gradual removal of humans from immediate material production.
Russian Politics and Society
Having been fully revised and updated to reflect the considerable changes in Russia over the last decade, the fourth edition of this classic text builds on the strengths of the previous editions to provide a comprehensive and sophisticated analysis on Russian politics and society. New to this edition: extended coverage of electoral laws, party development and regional politics new chapter on the ‘phoney democracy’ period, 1991-93 historical evaluation of Yeltsin’s leadership full coverage of Putin’s presidency discussion of the development of civil society and the problems of democratic consolidation latest developments in the Chechnya conflict more on foreign policy issues the re-introduction of the Russian Constitution as an appendix an updated Select Bibliography more focus on the challenges facing Russia in the twenty-first century. Written in an accessible and lively style, this book is packed with detailed information on the central debates and issues in Russia’s difficult transformation. This makes it the best available textbook on the subject and is essential reading for all those concerned with the fate of Russia, and with the future of international society.
Advanced Introduction to Russian Politics
This perceptive Advanced Introduction provides a contemporary analysis of Russia’s political system, political institutions and its place on the global stage. Richard Sakwa deftly explores Russia’s emergence as an independent state, examining the structure of its existing political and economic system, its transformation following the constitutional reform of 2020, and the immediate and long-term consequences of the Russia-Ukraine war.
