{"product_id":"incentives-and-institutions-the-transition-to-a-market-economy-in-russia-9780691009933","title":"Incentives and Institutions  The Transition to a","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eOffers an analysis of the transition to a democratic market economy that has taken place in Russia since 1990. This book focuses on the institutions that are critical to a successful transition and the economic incentives needed to make these institutions work.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\"A major contribution to our knowledge of how the Russian economy works today and why it is now in the process of failing, written by two of the most prominent and insightful Russian economists working today. The subject of the book is of immense importance and the book contains penetrating insights.\"\u003cb\u003e—Michael D. Intriligator, University of California, Los Angeles\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePreface vii  Introduction 3  PART I: THE POLITICAL ECONOMY OF THE SOCIALIST STATE: CONCEPT, IMPLEMENTATION, DECAY 19  One The Planned Economy Revisited 21  Two A Model of Innovation and the Planned Economy 49  Three Incentives and Producer's Behavior 74  PART II: THE POLITICAL ECONOMY OF SPONTANEOUS TRANSITION: INSIDERS' MARKETS AND THE PROBLEM OF ECONOMIC EFFICIENCY 103  Four Path Dependence and the \"Washington Consensus\" 105  Five Incentives and Producer's Behavior in the Transition Environment 128  Six Incentives and Producer's Behavior in the Transition Environment: The Decision to Switch 149  Seven Pressure Groups and Oligarchic Power 169  PART III: THE POLITICAL ECONOMY OF A NEW SOCIAL CONTRACT: MEASURES TO PROMOTE DEMOCRACY, COMPETITION, AND ECONOMIC GROWTH 187  Eight Where Are We and Where Do We Want to Go? The Task and Conditions for Social Engineering in Russia 189  Nine Democracy: Curse or Blessing? 202  Ten Institutions, Competition, and Economic Growth 221  Eleven Devolution of Power and the Integrity of the Government 251  Conclusion Can We Do Better? 265  References 269  Index 275","brand":"Princeton University Press","offers":[{"title":"Default Title","offer_id":51359098667351,"sku":"9780691009933","price":117.3,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780691009933.jpg?v=1754123581","url":"https:\/\/bookcurl.com\/products\/incentives-and-institutions-the-transition-to-a-market-economy-in-russia-9780691009933","provider":"Book Curl","version":"1.0","type":"link"}