The Political Economy of Putin's Russia Sutela, Pekka
The Political Economy of Putin's Russia,
2013, 2012, 20130228, 2013-02-28, 20120101, Letnik:
155
eBook, Book Chapter
This book constitutes an up-to-date treatment of Russia's economic development and economic policies since 2000, when Vladimir Putin became the President of Russia. After the slow decline and sudden ...collapse of the Soviet Union, Russia embarked upon a multi-faceted change. This included transition from central management to a market economy, from one-party rule to democracy, from multi-national empire to nation state, and from relative autarchy to opening up to the European and global communities. This book concentrates on economic change, exploring how in spite of steep production decline, widening welfare differentials and increasing social uncertainty, the 1990s also created many of the institutional and policy preconditions for a functioning market economy.
Although the history of centrally planned economies has been widely studied, the development of socialist thinking on the subject has remained largely uncharted. In this pathbreaking work, Pekka ...Sutela presents a detailed analysis of recent and contemporary Soviet economic thought and theory. Dr Sutela traces the competing currents in the Marxist tradition of socialist economies from the Revolution to the present day. In particular he shows how the Gorbachev economic reform programme of 1987 rose from the work of Nobel Prize economist L. V. Kantorovich and his followers. However, this programme failed and the author explains in some detail why this happened. Since then, Soviet economists have tried to abandon their traditional theory of central planning and move along the path and long established contacts with leading Soviet economists, Pekka Sutela is able to show how Soviet economic thinking has moved from dogmatism through reformism to pragmatism.
Although the history of centrally planned economies has been widely studied, the development of socialist thinking on the subject has remained largely uncharted. In this pathbreaking work, Pekka ...Sutela presents a detailed analysis of recent and contemporary Soviet economic thought and theory. Dr Sutela traces the competing currents in the Marxist tradition of socialist economies from the Revolution to the present day. In particular he shows how the Gorbachev economic reform programme of 1987 rose from the work of Nobel Prize economist L. V. Kantorovich and his followers. However, this programme failed and the author explains in some detail why this happened. Since then, Soviet economists have tried to abandon their traditional theory of central planning and move along the path and long established contacts with leading Soviet economists, Pekka Sutela is able to show how Soviet economic thinking has moved from dogmatism through reformism to pragmatism.
Until the end of 1990, Finland was the only developed market economy to trade with the USSR on a bilateral clearing basis. It was also, so it is widely believed in Finland, the only one among the ...neighbours of the Soviet Union to benefit greatly economically from this trade. This article does not aim to clarify whether such beliefs are well grounded in fact, but rather to look at the beliefs themselves. To do that, we examine a large amount of so-called grey literature: memoirs, biographies and fiction, but not research proper in economics or economic history. Belief in the benefits of Eastern Trade has been widely held in Finland, but there have always been sceptics as well. The materials used offer many insights, for instance, into the character of Eastern Trade, negotiations procedures, pricing and quality issues, relations between the counterparts, as well as the implications of COCOM restrictions of trade by a neutral country.
Until the end of 1990, Finland was the only developed market economy to trade with the USSR on a bilateral clearing basis. It was also, so it is widely believed in Finland, the only one among the ...neighbours of the Soviet Union to benefit greatly economically from this trade. This article does not aim to clarify whether such beliefs are well grounded in fact, but rather to look at the beliefs themselves. To do that, we examine a large amount of so-called grey literature: memoirs, biographies and fiction, but not research proper in economics or economic history. Belief in the benefits of Eastern Trade has been widely held in Finland, but there have always been skeptics as well. The materials used offer many insights, for instance, into the character of Eastern Trade, negotiations procedures, pricing and quality issues, relations between the counterparts, as well as the implications of COCOM restrictions of trade by a neutral country. Adapted from the source document.
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