Description
Book SynopsisThis volume offers a multi-author survey and analysis of economic developments in the Russian Federation since the collapse of Communism and the break-up of the Soviet Union in 1989--91. It covers the period 1991--98 and in some areas extends to 1999-2000.Russia, the core of the former Soviet Union, is at once the largest transition economy of Eastern Europe and also, arguably, the one most burdened by its own past---not only of Communism, but of Tsarist absolutism and territorial aggrandizement in earlier centuries. Its present-day assets of natural-resource wealth and a well-educated labour force are offset by hypertrophied defence industries, unhelpful location of manufacturing capacity, and excessive preponderance of large enterprises.Russia has shared with other transition economies the problems of macro-economic stabilization and reconstruction of economic institutions following the disappearance of the command-administrative system which set guidelines for production under Commu
Table of Contents1. Introduction ; 2. The Political and Societal Environment of Economic Policy ; 3. Dimensions of Transition ; 4. The Problem of Monetary Stablization ; 5. Taxation and Public Expenditure ; 6. Privatization and the Structure of Enterprise Ownership ; 7. The Banking Sector ; 8. Financial Markets ; 9. External Trade and Payments ; 10. The Oil Industry: Structural Transformation and Corporate Governance ; 11. The Labour Market ; 12. The Development of Small Enterprises ; 13. The Reform of Agriculture ; 14. Housing and Utility Services ; 15. Regional Income Differences ; 16. Poverty ; 17. The Health Sector: Illness, Medical Care, and Mortality
