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 Co
Trade ReviewEspecially useful essays on the insider domination of enterprise ownership and the unhappy evolution of private banking in the new Russia. * TAP: The American Prospect Online *
The most comprehensive and objective overview of the subject to date. * Association Pour Le Développement De L'Histoire Économique *
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
