The Russian detour: real transition in a virtual economy?
2001 (English)In: Europe-Asia Studies, ISSN 0966-8136, E-ISSN 1465-3427, Vol. 53, no 6, 841-867 p.Article in journal (Refereed) Published
Illustrates the creation of a market economy by showing that no easy procedures automatically lead to that goal; the Russian forest sector is used as a model for all Russian industries. The major obstacle for the forest sector is the existing institutional framework consisting of both formal & informal rules. In Russia, the institutional system adversely affects the new & more market-oriented institutions. Indeed, multiple problems undermine the Russian forest industry. Laws are often ignored, property rights are ill defined, the market does not always determine value, & authorities often fail to prosecute violations of laws. Through a comparative study of the Russian & Swedish forest industries the authors reveal that Russian firms lack funding & bank support, they are more burdened by taxes, & trading is marred by contract violations. Further complicating the issue is Russia's overlapping jurisdictions; the forest sector is regulated by three levels of rules. Consequently, the problems must be solved at three different levels
Place, publisher, year, edition, pages
2001. Vol. 53, no 6, 841-867 p.
Research subject Political Science
IdentifiersURN: urn:nbn:se:ltu:diva-9145DOI: 10.1080/09668130120078522Local ID: 7b678240-c28d-11db-9ea3-000ea68e967bOAI: oai:DiVA.org:ltu-9145DiVA: diva2:982083
Validerad; 2001; 20070207 (keni)2016-09-292016-09-29Bibliographically approved