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Post-communist Russia in the Post-industrial World: The Quest for Catching-up Policy


  • Vladimir Mau


This article discusses the strategy of economic development of Russia, which has to be developed after the end of the first stage of post-communist transition--when the private economy replaced the state-controlled one and stabilisation was achieved. Russia is considered to be a heavily industrialised country, which has faced the challenges of post-industrial modernisation in the logic of catching-up development. This makes it different from so-called 'new industrial states'--countries that have to resolve the task of transformation of a traditional (agrarian) society to an industrial one. The analysis is based on Gerschenkron's approach to 'accelerated industrialisation' and its adjustment to the post-industrial world. The author suggests a set of economic policy principles which could ensure sustainable economic growth and stimulate structural reforms appropriate for the new challenges, that is to stimulate transformation of an industrial country to a post-industrial one. This is considered as a 'policy of catching-up post-industrialisation'.

Suggested Citation

  • Vladimir Mau, 2003. "Post-communist Russia in the Post-industrial World: The Quest for Catching-up Policy," Post-Communist Economies, Taylor & Francis Journals, vol. 15(3), pages 313-330.
  • Handle: RePEc:taf:pocoec:v:15:y:2003:i:3:p:313-330 DOI: 10.1080/1463137032000139034

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    References listed on IDEAS

    1. Stanley Fischer & Ratna Sahay, 2000. "The Transition Economies After Ten Years," IMF Working Papers 00/30, International Monetary Fund.
    2. Stanley Fischer & Ratna Sahay, 2000. "The Transition Economies After Ten Years," NBER Working Papers 7664, National Bureau of Economic Research, Inc.
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