RUSSIA AND USSR: INSTITUTIONAL DYNAMICS AND INCOME POLARIZATION OF THE POPULATION
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RUSSIA AND USSR: INSTITUTIONAL DYNAMICS AND INCOME POLARIZATION OF THE POPULATION
Annotation
PII
S042473880000616-6-1
Publication type
Article
Status
Published
Authors
Yuri Ovsienko 
Edition
Pages
133-140
Abstract
The author explains why during the last 15 years Russian economy could not reach the level of the RSFSR, but has only created two classes – the poor and the rich. Gives the basic reason for that: the government had designed and carried out the institutional changes without national approval. That is why it turned out to be monopolist instead of market economy. The authoritative system has been renewed, it is different from the soviet only in relocation of the incomes from the poor to the rich, the corruption has become total, the economic effectiveness of production has declined, a bureaucratic caste has become hereditary etc. The new institutions, created in the XXI century, fix these changes.
Date of publication
01.07.2007
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0
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103
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