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Transition to Market Economy in Eastern Europe: Interest Groups and Political Institutions in Russia

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Author Info
Esben Bergmann Schjødt
Gert Tinggard Svendssen
Abstract

The article analyzes the causes of the incoherent reformprogram in Russia in the last decade. It argues that the slow and partial policies can be attributed to a viscous combination of lobbyism and constitutional design. Because the post-communist transitions after 1989 were non violent “velvet revolutions,” the old state monopolies were not removed. State monopolies have small-group advantages in contrast to the large group of private firms, which are numerous and not yet organized. It leads to an asymmetrical pattern of lobbyism in favor of non-transition, which can only be mitigated by establishing dispersed political institutions, that can raise the price on rent-seeking. In Russia the centralized political institutions of the past were not replaced. Hence, Russia inherited both interest groups and political institutions of the late communist era – an unfortunate starting point for carrying out comprehensive economic reforms. Free trade with the West and potential competition may put pressure on the old state monopolies. However, lobbies in the European Union may oppose free trade to maintain their monopoly.

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Article provided by Nordic Journal of Political Economy in its journal Nordic Journal of Political Economy.

Volume (Year): 28 (2002)
Issue (Month): ()
Pages: 181-194
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Handle: RePEc:noj:journl:v:28:y:2002:p:181-194

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Find related papers by JEL classification:
B0 - Schools of Economic Thought and Methodology - - General
D7 - Microeconomics - - Analysis of Collective Decision-Making
P0 - Economic Systems - - General

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Martin Paldam & Gert Tinggaard Svendsen & Gert Tinggaard Svendsen, . "An Essay on Social Capital. Reflections on a Concept Linking Social Sciences," Economics Working Papers 1998-8, School of Economics and Management, University of Aarhus. [Downloadable!]
  2. Anderson, Gary M & Boettke, Peter J, 1997. " Soviet Venality: A Rent-Seeking Model of the Communist State," Public Choice, Springer, vol. 93(1-2), pages 37-53, October. [Downloadable!] (restricted)
  3. Potters, Jan & van Winden, Frans, 1992. " Lobbying and Asymmetric Information," Public Choice, Springer, vol. 74(3), pages 269-92, October.
  4. Murrell, Peter, 1991. "Can Neoclassical Economics Underpin the Reform of Centrally Planned Economies?," Journal of Economic Perspectives, American Economic Association, vol. 5(4), pages 59-76, Fall. [Downloadable!] (restricted)
  5. Paldam, Martin & Svendsen, Gert Tinggaard, 2000. "An essay on social capital: looking for the fire behind the smoke," European Journal of Political Economy, Elsevier, vol. 16(2), pages 339-366, June. [Downloadable!] (restricted)
  6. Hans Aage, 1997. "Institutions and Performance in Transition Economies," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 24, pages 125-144. [Downloadable!]
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This page was last updated on 2009-11-22.


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