During the early 2000s the market liberalization reforms to the Russian economy, begun in the 1990s, were consolidated. But since the mid 2000s economic policy has moved into a new phase, characterized by more state intervention with less efficiency and more structural problems. Corruption, weak competitiveness, heavy dependency on energy exports, an unbalanced labour market, and unequal regional development are trends that have arisen and which, this book argues, will worsen unless the government changes direction. The book provides an in-depth analysis of the current Russian economic system, highlighting especially structural and institutional defects, and areas where political considerations are causing distortions, and puts forward proposals on how the present situation could be remedied.
Table of Contents
1. Introduction Susanne Oxenstierna 2. Putin's Rent Management System and the Future of Addiction in Russia Clifford G. Gaddy and Barry W. Ickes 3. Between Light and Shadow: Informality in the Russian Labour Market Vladimir Gimpelson and Rostislav Kapeliushnikov 4. State-Business Relations in Russia after 2011: 'New Deal' or Imitation of Changes? Andrei Yakovlev 5. Is Russia an Entrepreneurial Society? A Comparative Perspective Ruta Aidis 6. The Role of Institutions in the Russian Economy Susanne Oxenstierna 7. The Impact of Oil Prices, Total Factor Productivity and Institutional Weakness on Russia's Declining Growth Masaaki Kuboniwa 8. From the Dual to the Triple State? Richard Sakwa 9. The Basis for Institutions Among the Population in Russia Carolina Vendil Pallin 10. Russia's Emerging Civil Society Jens Siegert 11. Regional Inequality and Potential for Modernization Natalia Zubarevich 12. Promoting Sustainability in Russia's Arctic: Integrating Local, Regional, Federal, and Corporate Interests Robert W. Orttung 13. Russian Regional Resilience: Cooperation and Resource Abundance: A Case Study of Khanty-Mansi Autonomous Okrug Irina N. Ilina, Carol S. Leonard and Evgeniy E. Plisetskiy
Susanne Oxenstierna is a Doctor of Economics and Deputy Research Director at the Swedish Defence Research Agency, FOI.