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Professor Gerschenkron goes to Brussels. Russian Catch-up Economics and the Common European Space

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Author Info
Stefan Hedlund
Abstract

Ongoing discussions between Russia and the EU on the formation of a Common European Economic Space bring back to mind Alexander Gerschenkron's classic essay on economic backwardness in historical perspective. This paper argues that the institutions that once produced a specific kind of catch-up economics in Czarist Russia still remain largely the same. Unless negotiations between Moscow and Brussels take into consideration such fundamental institutional incompatibility, attempts at harmonization, expressed by Brussels as an attempt tp spread Western values, will be doomed to fail. A cynical conlusion views potential convergence as adaptation by Brussels to traditional Russian institutional patterns of rule evasion, rather than a Westernization of Russia

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File URL: http://eaces.liuc.it/18242979200601/182429792006030104.pdf
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Publisher Info
Article provided by Cattaneo University (LIUC) in its journal The European Journal of Comparative Economics.

Volume (Year): 3 (2006)
Issue (Month): 1 (June)
Pages: 51-74
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Handle: RePEc:liu:liucej:v:3:y:2006:i:1:p:51-74

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Related research
Keywords: Gerschenkron; Russia; Catch-up; Brussels;

Find related papers by JEL classification:
P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy
N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913
P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
P48 - Economic Systems - - Other Economic Systems - - - Other Economic Systems: Political Economy; Legal Institutions; Property Rights

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