The Oxford Handbook of the Russian Economy

Hardcover | July 19, 2013

EditorMichael Alexeev, Shlomo Weber

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By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreignexchange reserves in the world, behind only China and Japan. But while this impressive economic growth has raised the average standard of living and put a number of wealthy Russians on the Forbes billionaires list, it has failed to solve the country's deep economic and social problems inherited fromthe Soviet times. Russia continues to suffer from a distorted economic structure, with its low labor productivity, heavy reliance on natural resource extraction, low life expectancy, high income inequality, and weak institutions. While a voluminous amount of literature has studied various individual aspects of theRussian economy, in the West there has been no comprehensive and systematic analysis of the socialist legacies, the current state, and future prospects of the Russian economy gathered in one book.The Oxford Handbook of the Russian Economy fills this gap by offering a broad range of topics written by the best Western and Russian scholars of the Russian economy. While the book's focus is the current state of the Russian economy, the first part of the book also addresses the legacy of theSoviet command economy and offers an analysis of institutional aspects of Russia's economic development over the last decade. The second part covers the most important sectors of the economy. The third part examines the economic challenges created by the gigantic magnitude of regional, geographic,ethnic, religious and linguistic diversity of Russia. The fourth part covers various social issues, including health, education, and demographic challenges. It will also examine broad policy challenges, including the tax system, rule of law, as well as corruption and the underground economy. MichaelAlexeev and Shlomo Weber provide for the first time in one volume a complete, well-rounded, and essential look at the complex, emerging Russian economy.

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By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreignexchange reserves in the world, behind only...

Michael V. Alexeev is a Professor of Economics at Indiana University. Shlomo Weber is a Robert H. and Nancy Dedman Trustee Professor at Southern Methodist University.

other books by Michael Alexeev

The Oxford Handbook of the Russian Economy
The Oxford Handbook of the Russian Economy

Kobo ebook|Jun 4 2013

$184.99

Format:HardcoverDimensions:912 pages, 9.75 × 6.75 × 0.98 inPublished:July 19, 2013Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199759928

ISBN - 13:9780199759927

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Table of Contents

1. IntroductionA Look at the Past2. Vladimir Mau and Tatiana Drobyshevskaya: Modernization and the Russian Economy: Three Hundred Years of Catching Up3. Richard E. Ericson: Command economy and its legacy4. Anders Aslund: Russia's Economic Transition5. Vladmir Popov: Transformational recession6. Revold M. Entov and Oleg V. Lugovoy: Growth trends in Russia after 1998Institutions and governance7. Leonid Polischuk: Institutional performance8. Ruben Enikolopov and Sergey Stepanov: Corporate governance in Russia9. Michael V. Alexeev and Robert F. Conrad: The Russian tax system10. Byung-Yeon Kim: The Unofficial Economy in Russia11. Mark J. Levin and Georgy A. Satarov: Russian CorruptionResources and environment12. Clifford G. Gaddy and Barry W. Ickes: Russia's dependence on resources13. Arild Moe and Valeriy A. Kryukov: The Russian oil sector14. Arild Moe and Valeriy A. Kryukov: The natural gas sector15. Alexander Vasin: Russian electricity market: variants of development16. Stephen Fortescue: The economics of mineral resources17. Alexander A. Golub, Mikhail Kozeltsev, Alexander Martusevich and Elena Strukova: The challenge of reforming environmental regulation in RussiaFinancial and Real sectors18. Steven Rosefielde: Economics of the military-industrial complex19. Russell Pittman: Blame the Switchman? Russian Railways Restructuring After Ten Years20. Zvi Lerman and David Sedik: Russian Agriculture and Transition21. Valery Makarov and Alexander Varshavsky: Science, High tech industries and innovation22. Koen Schoors and Ksenia Yudaeva: Russian banking as an active volcano23. Pekka Sutela: Financial and credit markets24. David G. Tarr and Natalia Volchkova: Russian Trade and Foreign Direct Investment Policy at the CrossroadsRegions25. Andrei Markevich and Tatiana N. Mikhailova: Economic geography of Russia26. Michael V. Alexeev and Shlomo Weber: Fiscal federalism: Impact of Political and Fiscal (De)centralization27. Judith Thornton: Regional Challenges: the Case of SiberiaPolicy and Social Challenges28. Vladimir Gimpelson and Rostislav Kapeliushnikov: Labor Market Adjustment: Is Russia Different?29. J. David Brown, John S. Earle, and Scott Gelbach: Privatization30. Michael W. Kaganovich: Higher Education Reform and Access to College in Russia31. Sergey Shishkin: Russia's healthcare system: difficult path of reform32. Michael Lokshin and Rusian Yemtsov: Poverty and Inequality in Russia33. Irina Denisova and Judith Shapiro: Recent demographic developments in the Russian Federation