Russian Culture Property Rights And The Market Economy
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Russian Culture, Property Rights, and the Market Economy by Uriel Procaccia Pdf
The Russian Federation is struggling, since Perestroika and the Glasnost, in a futile attempt to become a â€~normal' member in the occidental family of market economies. The attempt largely fails because corporations do not live up to Western standards of behavior, and private contracts are often not respected. What is the cause of Russia's observed difficulties? It is commonly believed that these difficulties are an expected outcome of a rocky transition from a Marxist, centrally planned system, to a market based economy. This book challenges the accepted wisdom. In tracing the history of contract and the corporation in the West, it shows that the cultural infrastructure that gave rise to these patterns of economic behavior have never taken root on Russian soil. This deep divide between Russian and Western cultures is hundreds of years old, and has little, if anything to do with the brief, seventy-year-long experimentation with overtly Marxist ideology. The transformation of Russia into a veritable market economy requires much more than an expensive and difficult transition period: it mandates a radical change in her cultural underpinnings. The book's main thesis is supported by an in-depth comparison of Western and Russian theology, philosophy, literary and artistic achievements, musical and architectural idioms and folk culture.
Copyright, Freedom of Speech, and Cultural Policy in the Russian Federation by Michiel Elst Pdf
The book provides a detailed analysis of the freedom of expression, and of copyright legislation in Russia, always with an eye on historic comparisons and evolutions . At the same time it gives a synthetic overview of the main changes in constitutional, civil and economic law in the last 15 years.
The Piratization of Russia by Marshall I. Goldman Pdf
In 1991, a small group of Russians emerged from the collapse of the Soviet Union and enjoyed one of the greatest transfers of wealth ever seen, claiming ownership of some of the most valuable petroleum, natural gas and metal deposits in the world. By 1997, five of those individuals were on Forbes Magazine's list of the world's richest billionaires.
Property Rights and Property Wrongs by Timothy Frye Pdf
Secure property rights are central to economic development and stable government, yet difficult to create. Relying on surveys in Russia from 2000 to 2012, Timothy Frye examines how political power, institutions, and norms shape property rights for firms. Through a series of simple survey experiments, Property Rights and Property Wrongs explores how political power, personal connections, elections, concerns for reputation, legal facts, and social norms influence property rights disputes from hostile corporate takeovers to debt collection to renationalization. This work argues that property rights in Russia are better seen as an evolving bargain between rulers and rightholders than as simply a reflection of economic transition, Russian culture, or a weak state. The result is a nuanced view of the political economy of Russia that contributes to central debates in economic development, comparative politics, and legal studies.
Markets Versus Hierarchies by Ekaterina Brancato Pdf
Historians have often debate why political factors have dominated economic developments in Russian history, but never as systematically as in this ambitious interdisciplinary study. . . An excellent, highly original work. It will interest a broad scholarly audience including economists, historians, free market advocates, business historians, management specialists, and public policy experts. This well-written volume is an essential holding for research libraries. Highly recommended. J.P. McKay, Choice This unique book uses a transaction cost perspective to illustrate how hierarchies influenced the structure of markets and behaviour of individual businesses and cartels in pre-revolutionary, Soviet and present-day Russia. Ekaterina Brancato exposes the devastating effects of self-interested decision-making of government officials on economic growth, and highlights the inefficiencies of the legal system in Russia. She demonstrates that throughout Russian history considerable state involvement in the economy has meant that some markets were highly regulated; for most of the 20th century, open markets were suppressed by the political regime, and entrepreneurial success has been dependent on networking. The general population, the author argues, has exhibited an inadequate propensity to self-govern. In addition, the laws of contract and private property, crucial for development of markets, have been ineffective. The book concludes that, consequently, the cost of market transactions has been high and the cost of social networking through hierarchies relatively low. This book will strongly appeal to academics and students specializing in industrial organization, public choice, transition, entrepreneurship, social networks and cultural studies as well as Russian economic history and political economy. Business and management students focusing on transition economies will also find this book to be of particular interest.
Networks in the Russian Market Economy by M. Lonkila Pdf
A PDF version of this book is available for free in open access via the OAPEN Library platform, www.oapen.org. This book examines the significance of networks among the firms operative in the contemporary Russian software industry in the St. Petersburg region.
Kremlin Capitalism by Joseph R. Blasi,Maya Kroumova,Douglas Kruse Pdf
The first book to describe Russia's massive economic transformation for an American audience, Kremlin Capitalism provides a wealth of data and analyses not previously available in this country. The authors articulate the political and economic goals of Russian privatization, examine the current ownership of the largest enterprises in Russia, and chart the serious problem of corporate governance in the new private businesses. Kremlin Capitalism is based on the only continuous study of Russian privatization throughout the Russian Federation from 1992 to the present. The authors tracked down the story of the transition in the cities, towns, and villages of fifty of Russia's eighty-nine provinces, updating their findings after the June 1996 election. The result is an up-to-the-minute report of the largest property transfer in history and an analysis of one of this century's most significant economic transformations. The volume also characterizes the position of workers in terms of unemployment, wages, union power, and their changing role as employee shareholders.What really happened when Russia privatized its economy? The Kremlin brokered the initial struggle among different interest groups eager to claim a portion of Russian property: workers, managers, the Mafia, the old Soviet bureaucracy, regular citizens, entrepreneurs, Russian banks, and foreigners. While competing with one another, all struggled to free themselves from seventy years of Communist economic culture. Four years after the process began, have large companies learned to offer goods and services profitably and pay dividends to shareholders? Individual stories come alive as the book explores problems Russians face in structuring a new economic system, defining the ownership and governance of thousands of corporations one by one. Russian economic practices are being forged in the heat of fierce political struggles between resurgent Communists and nationalists and old Soviet managers, on the one hand, and more liberal elements of its infant democratic system on the other. Whether a few big conglomerates and the powerful banks and holding companies from Soviet days will dominate the new Russian economy to the exclusion of most citizens remains to be seen.Many questions persist. How will billions of dollars of capital be raised to retool, restructure, and reorient the heart and soul of Russia's economy? Will open stock markets stimulate a new economic order or will that new order be imposed through strong state supports and subsidies? What role will be played by shadowy conglomerates that are trying to shape a disorganized economy into something resembling the old Soviet system? The authors note the paradox of a capitalism conceived, designed, implemented, and evaluated by the Kremlin when one aim of reform is to allow market forces to play freely. Kremlin Capitalism asks whether rapid privatization has catalyzed or complicated the transition to a more liberal political and economic system, a question that will reverberate for decades.
The social market economy forms a fundamental theory of the market economy and an integrated economic and ethical theory of the economic order in which the political and societal conditions for the working of the market are included in the theory of the market economy. The social market economy is presented as a universal theory of the decisions to be made about the economic order in all cultures and is analysed in its basic theoretical foundations and in its application to the transition process from the planned to the market economy, particulary in the privatisation of socialised property in Russia and former East Germany. Leading German and Russian experts in the field as well as four classical texts present a systematic analysis of the social market economy from the point of view of economics, law, and ethics.
The Rule Of Law And Economic Reform In Russia by Jeffery Sachs,Katharina Pistor Pdf
This collection of essays examines how Russia's distinctive traditions of law-and lawlessness-are shaping the current struggle for economic reform in the country.
Freedom, Repression, and Private Property in Russia by Vladimir Shlapentokh,Anna Arutunyan Pdf
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.
Incentives and Institutions by Serguey Braguinsky Pdf
Finally, they discuss in detail the specific components of the economic processes that are necessary for economic transition in general and they draw lessons that can be applied to other nations dealing with similar transitions."--BOOK JACKET.
Economic Policy Making and Business Culture by David A. Dyker Pdf
This book addresses one of the fundamental problems in Russian society, and in Russia's relations with the rest of the world. Why do Russians tend to react differently from ?us? in given diplomatic or business situations? Why do they find the notion of a contract difficult to grasp? Why do they seem hostile to the principle of the level playing field? How do they see Russia's position within the globalised economy? In order to probe these issues, the author begins with a historical analysis, looking at the pattern of political and economic development since Tsarist times, always asking the questions: What is unique to Russia in all this, and which unique features tend to recur in different periods? In seeking to illuminate the interface between Russia and the world, the author also examines Russia's attitude to itself, and to its own resources ? natural and human ? to land as an agricultural resource, and later oil and gas; and to people ? as cheap labour and as highly trained scientific personnel. This book is firmly based on scholarly sources, in English, French and Russian, but aims to go beyond the academic audience to address the concerns of people encountering Russians and Russian organizations in their everyday lives.
The Institutional Framework of Russian Serfdom by Tracy Dennison Pdf
Russian rural history has long been based on a 'Peasant Myth', originating with nineteenth-century Romantics and still accepted by many historians today. In this book, Tracy Dennison shows how Russian society looked from below, and finds nothing like the collective, redistributive and market-averse behaviour often attributed to Russian peasants. On the contrary, the Russian rural population was as integrated into regional and even national markets as many of its west European counterparts. Serfdom was a loose garment that enabled different landlords to shape economic institutions, especially property rights, in widely diverse ways. Highly coercive and backward regimes on some landlords' estates existed side-by-side with surprisingly liberal approximations to a rule of law. This book paints a vivid and colourful picture of the everyday reality of rural Russia before the 1861 abolition of serfdom.
Culture, Political Economy and Civilisation in a Multipolar World Order by Ray Silvius Pdf
This book seeks to understand how Russia’s multifaceted rejection of American unipolarity and de-territorialised neo-liberal capitalism has contributed to the gestation of the present multipolar moment in the global political economy. Analysing Western world order precepts via the actions of a powerful, albeit precarious, national political economy and state structure situated on the periphery of Western world order, Silvius explores the manner in which culture and ideas are mobilised for the purposes of national, regional and international political and economic projects in a post-global age. The book: Explains and analyses the tensions of post-Soviet Russia’s integration into, and simultaneous partial rejection of, the capitalist global political economy. Provides an overview of the social, political and historical origins of Russian samobytnost’ (uniqueness) after the fall of the Soviet Union and demonstrates their significance to contemporary understandings of world order. Explores how structures of cultural difference and practices of cultural differentiation interact with the normative legacies of American hegemonic aspirations in contemporary world order structures. Evaluates how cultural and civilisational representations are mobilised for state-projects and their corresponding regional and international dimensions within the global political economy. This book will be of great interest to students and scholars of Russian Foreign Policy, IPE and comparative political economy.
The Oxford Handbook of Austrian Economics by Peter J. Boettke,Christopher J. Coyne Pdf
The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual's highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School's orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.
