Political barriers to economic development in Russia: Obstacles to modernization under Yeltsin and Putin
Purpose – The purpose of this paper is to question the periodization of Russian political and economic development that sees a break occurring between the Yeltsin and Putin presidencies. It does this by looking at how political problems common to late developing nations influenced the development of reform programs in Russia under its first two presidents. Design/methodology/approach – The paper applies concepts from the literature on development to Russia, using it as a case study to develop an alternative historical narrative on Russian political economy. Findings – The paper finds that there was more continuity in political conditions between Yeltsin and Putin and that economic change in Russia under Putin was not achieved because a political consensus over economic policy developed but because the wealth generated by hydrocarbon exports enabled Putin to buy support. Whilst this has meant that there was less contest over economic policy during the Putin presidency, it is far from certain whether this means of managing the economy can last over the longer term if the price of oil declines. Originality/value – The paper demonstrates the need for political reform in Russia as a condition of economic change, something that is beginning to be taken seriously in Russian political circles after the experience of economic crisis that followed Putin.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 10 (2011)
Issue (Month): 1 (April)
|Contact details of provider:|| Web page: http://www.emeraldinsight.com|
|Order Information:|| Postal: Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK|
Web: http://www.emeraldinsight.com/ijdi.htm Email:
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.:
- Irina Sinitsina, 2009. "Experience in Implementing Social Benefits Monetization Reform in Russia. Literature Review," CASE Network Studies and Analyses 0381, CASE-Center for Social and Economic Research.
- Kornai, Janos, 1992. "The Socialist System: The Political Economy of Communism," OUP Catalogue, Oxford University Press, number 9780198287766, March.
When requesting a correction, please mention this item's handle: RePEc:eme:ijdipp:v:10:y:2011:i:1:p:5-19. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Virginia Chapman)
If references are entirely missing, you can add them using this form.