The Russian economy: conditions for survival and preconditions for development

Article Abstract:

This article provides an abridged version of a report by the Moscow State University Higher School of Economics on the state and future of the Russian economy. Issues address problems in the economy including how economists with short-term views have lead to an increase in speculative activity and a decrease in production, the dangers of viewing the Russian economy in simplistic terms, and how the institutional environment in post-Soviet Russia remains a mixture of old formal institutions left over from state socialism and new formal and informal institutions reflecting the irrational economic environment; solutions are provided, including the role of state in regulating rules of economic conduct.

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The Russian economic reforms through the eyes of Western critics: the "collapse" of the Russian reforms and accusations against the reformers

Article Abstract:

This article provides a response to Joseph Stiglitz's negative assessment of economic reforms in the Russian Federation, as reported at the World Bank conference in in 1999, and which critiqued the "Washington consensus" and post-Soviet economic reform. The author suggests that Stiglitz and other Western critics ignored the Russian preconditions to reform, making their arguements and observations abstractions and thereby unhelpful at a practical level.

World, Economic aspects, International relations, Industrialized countries, Russian foreign relations, Industrial nations, Post-communism

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The realization of the liberal strategy under existing economic limitations

Article Abstract:

This article discusses the possible means of further transforming the Russian economic market. The authors suggest a strategy for economic development, including: the integration of Russia into the global economy, structural reorganization that would eliminate subsidies to inefficient businesses and thereeby level competition, creating a social policy to support this structural reorganization, improving the investment climate in order to redirect capital flows, and strengthening the role of the state in areas of controling law and order.

Capitalism

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