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I am staying in russia. I am student here. I want to know more about russian economy ,because iam studing economy.
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The New Political Economy of Russia This page intentionally left blank The New Political Economy of Russia Erik Berglo¨f, Andrei Kounov, Julia Shvets, and Ksenia Yudaeva The MIT Press Cambridge, Massachusetts London, England 2003 Massachusetts Institute of Technology All rights reserved. No part of this book may be reproduced in any form by any electronic or mechanical means (including photocopying, recording, or information storage and retrieval) without permission in writing from the publisher. This book was set in Palatino by Achorn Graphic Services, Inc., with the Miles 33 system and was printed and bound in the United States of America. Library of Congress Cataloging-in-Publication Data The new political economy of Russia / Erik Berglo¨f, Andrei Kounov, Julia Shvets, and Ksenia Yudaeva. p. cm. This book was written by a team of researchers from CEFIR in Moscow. Includes bibliographical references and index. ISBN 0-262-02542-6 (hard : alk. paper) 1. Russia (Federation)—Economic policy—1991– 2. Structural adjustment (Economic policy)—Russia (Federation) 3. Russia (Federation)—Politics and government—1991– I. Berglo¨f, Erik. II. Tsentr ekonomicheskikh i finansovykh issledovanii i razrabotok (Russia). HC340.12.N477 2003 330.947—dc21 2002044421 10 9 8 7 6 5 4 3 2 1 Contents Preface vii 1 Introduction 1 2 Accounting for Growth 9 2.1 The Productivity Challenge 17 2.2 The Investment Challenge 29 2.3 The 2001 Survey on Reform Priorities 38 3 The Political Context of Economic Reform 43 3.1 Government Accountability during the Yeltsin Presidency 45 3.2 Government Accountability during the Putin Presidency 56 4 Structural and I