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Routledge Institutional Economics of Russia's Transformation - Routledge

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Description

This book applies institutional theory to analyse the post-Soviet Russian economy, revealing why reforms encountered significant obstacles. The author examines formal and informal institutional constraints that were overlooked in initial reform blueprints, alongside the dominant model of power relationships and networks of personalised economic relationships among actors. The first part establishes core concepts of institutional theory, including both the old institutionalism of T. Veblen and contemporary approaches, providing essential theoretical foundations for understanding Russia's economic development. This comprehensive study bridges economic theory with practical Russian business history, making it valuable for economists, policy analysts, and scholars studying transition economies and institutional frameworks.

Key Features

The book by Routledge analyses institutional constraints in Russia's post-Soviet economy that earlier reform models failed to address.

Core concepts of institutional theory, including T. Veblen's old institutionalism, form the theoretical foundation throughout the analysis.

The work examines networks of personalised relationships and power structures among Russian economic actors during transformation.

This institutional economics study helps explain why economic reforms in Russia diverged from their intended outcomes.

The text bridges economic theory with Russian transition economy case studies, relevant for business, finance and international accounting studies.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
29 November 2017
Listed Since
15 December 2017

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