Power – property core of economic development: the cases of Russia and South Korea
AbstractThe paper argues that some peculiarities of national development strategies may be described and explained with the help of the power – property concept which is used as a complement to the Economic Freedom surveys methodology. A cluster analysis approach is used to reveal the discrepancies in development strategies of Russia and of South Korea. The paper claims that factors which influence those discrepancies are mostly institutional and cultural attributes that concern the power – property phenomenon
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 44452.
Date of creation: 2012
Date of revision:
Publication status: Published in JOURNAL OF ECONOMIC REGULATION 4.3(2012): pp. 93-108
economic development; Russia; South Korea; power – property;
Find related papers by JEL classification:
- O21 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
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