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Incentives and Institutions:
The Transition to a Market Economy in Russia
Serguey Braguinsky & Grigory Yavlinsky

Book Description | Endorsements

TABLE OF CONTENTS:

Preface vii
Introduction 3
PART I: THE POLITICAL ECONOMY OF THE SOCIALIST STATE: CONCEPT, IMPLEMENTATION, DECAY 19
One The Planned Economy Revisited 21
Two A Model of Innovation and the Planned Economy 49
Three Incentives and Producer's Behavior 74
PART II: THE POLITICAL ECONOMY OF SPONTANEOUS TRANSITION: INSIDERS' MARKETS AND THE PROBLEM OF ECONOMIC EFFICIENCY 103
Four Path Dependence and the "Washington Consensus" 105
Five Incentives and Producer's Behavior in the Transition Environment 128
Six Incentives and Producer's Behavior in the Transition Environment: The Decision to Switch 149
Seven Pressure Groups and Oligarchic Power 169
PART III: THE POLITICAL ECONOMY OF A NEW SOCIAL CONTRACT: MEASURES TO PROMOTE DEMOCRACY, COMPETITION, AND ECONOMIC GROWTH 187
Eight Where Are We and Where Do We Want to Go? The Task and Conditions for Social Engineering in Russia 189
Nine Democracy: Curse or Blessing? 202
Ten Institutions, Competition, and Economic Growth 221
Eleven Devolution of Power and the Integrity of the Government 251
Conclusion Can We Do Better? 265
References 269
Index 275

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File created: 7/11/2014

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