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Seven Domestic Political Constraints of Russian Modernization

Author

Listed:
  • Inozemtsev, M.

    (Center for Post-Industrial Studies NRU HSE, Moscow, Russia)

Abstract

The main domestic factors that fetter Russia's modernization resides in the country's current political elite which has no interest in orchestrating change in economic, political or any other sphere of public life. Modernization of the country looks incompatible with the ideas of conservatism and stability destined to protect commercial interests of the elite freeloading on rentier revenues and privatized the state's budget resources. Modernization may be realized only if both people and elites recognize the inferiority of their country and try to overcome it by moving forward to catch-up with the most advanced nations. Any hardships that may emerge for a country on the global scale, inspired by the other nations, are not to be compared with the domestic obstacles caused by the ruling class' corruption, incompetence and prejudices.

Suggested Citation

  • Inozemtsev, M., 2015. "Seven Domestic Political Constraints of Russian Modernization," Journal of the New Economic Association, New Economic Association, vol. 28(4), pages 189-194.
  • Handle: RePEc:nea:journl:y:2015:i:28:p:189-194
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    File URL: http://www.econorus.org/repec/journl/2015-28-189-194r.pdf
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    Citations

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    Cited by:

    1. Irina Golova & Alla Sukhovey, 2018. "Threats to the Innovative Security of Regional Development in a Digital Society," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 987-1002.
    2. Irina Golova & Alla Sukhovey, 2017. "Development of Innovative Component for the Region’s Economic Security," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1251-1263.

    More about this item

    Keywords

    modernization; political constraints; elites; openness of a country;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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