The Institutional Economics of Russia's Transformation

The Institutional Economics of Russia's Transformation

by Anton N. Oleinik
     
 

ISBN-10: 0754644022

ISBN-13: 9780754644026

Pub. Date: 10/20/1905

Publisher: Ashgate Publishing, Limited

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…  See more details below

Overview

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.

Product Details

ISBN-13:
9780754644026
Publisher:
Ashgate Publishing, Limited
Publication date:
10/20/1905
Series:
Transition and Development Series
Pages:
384
Product dimensions:
6.20(w) x 9.30(h) x 1.10(d)

Table of Contents

Preface : institutional traps in the post-privatization development of the Russian economy
Pt. IRecent developments in institutional theory
1The evolution of institutional theory and its structure4
2Values, coordination and rationality : the economy of conventions21
3Transaction cost economics : from the Coase theorem to empirical studies45
4Theory of optimal contract : modeling contractual relationships65
5Theory of organizations : the diversity of arrangements in a developed market economy88
6Institutionalism in a new economic history112
Pt. IIAn institutional model of Russian capitalism
1The main institutional models of the emergence and development of capitalism129
2A model of network capitalism : basic ideas and post-Soviet evidence149
3A distrustful economy : an inquiry into foundations of the Russian market172
4Post-Soviet privatization in the light of the Coase theorem : transaction costs and governance costs191
5Russian privatization at bay : some unresolved transaction and governance cost issues in post-Soviet economies213
6Institutional analysis of the state245
7The extralegal economy and the methods for anlayzing it265
8Business groups in Russian industries290

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