eBook - ePub

The Institutional Economics of Russia's Transformation

Name: The Institutional Economics of Russia's Transformation
ISBN: 9781351146425

Anton N. Oleinik,

372 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

The Institutional Economics of Russia's Transformation

Anton N. Oleinik,

About this book

This book applies institutional theory to the analysis of the post-Soviet Russian economy to bring to light the reasons why reforms have gone awry. Emphasis is put on the elements missed in the early blueprints of reforms: constraints embodied in formal and especially informal institutions. Other aspects considered include the dominant model of power relationships and the networks of localized and personalized relationships among economic actors. The first part provides a general description of the core concepts of institutional theory, including both the 'old' institutionalism of T. Veblen and J. Commons and the 'new' institutional economics of R. Coase, O. Williamson and D. North, and in the second part an institutional model of the post-Soviet Russian economy is developed. In the course of the analysis the authors discuss such unresolved issues as post-privatization development in Russia and validity of the Coase theorem in the post-Soviet institutional context. Rich empirical data grounds the discussion throughout.

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Yes, you can access The Institutional Economics of Russia's Transformation by Anton N. Oleinik in PDF and/or ePUB format, as well as other popular books in Business & International Economics. We have over one million books available in our catalogue for you to explore.