This book offers a broad outline of the Yeltsin government's economic policies for 1992 and 1993. It provides an overview of the privatization process and defense conversion in Russia and discusses regulations on foreign investment in privatizing enterprises.
Table of Contents
Foreword -- Preface -- State Policies and the Context for Enterprise Reform -- The Russian Model of Mass Privatization: Governmental Policy and First Results -- The State of Public Finance, Fiscal Policy, and the Budget in Russia -- Management, Corporate Governance, and Enterprise Directors -- Agency Problems in the Privatization of Large Enterprises in Russia -- Attitudes of Enterprise Managers Toward Market Transition -- Privatization and Corporate Governance in Russia: An Empirical Study -- Political Origins of Corporatist Order: The Politics of Enterprise Reform -- Regional Analysis of Defense Industry Issues -- Economic Performance and Policies in the Defense Industrial Regions of Russia -- Conversion of Russian Defense Industries: A Macroeconomic and Regional Perspective -- Transition to the Market at the Enterprise Level -- A Case Study of Russian Defense Conversion and Employee Ownership: The Saratov Aviation Plant -- Enterprise Strategies To Cope with Reduced Defense Spending: The Experience of the Perm Region -- Spin-offs and Start-ups in Russia: A Key Element of Industrial Restructuring -- Acronyms -- Summary of Privatization Programs -- Soviet and Russian Legislation Relevant to Enterprise Reform
Michael A. McFaul, on leave as professor of political science at Stanford University and senior fellow at the Hoover Institution, is special assistant to President Obama for National Security Affairs and senior director of Russian and Eurasian Studies at the United States National Security Council.