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Federal Reform Outcome: Influence of Modified Institutions on the Investment Climate in the Regions


  • Konstantin Yanovsky

    (Gaidar Institute for Economic Policy)

  • Sergey Zhavoronkov

    (Gaidar Institute for Economic Policy)

  • Elena Reva

    (Gaidar Institute for Economic Policy)

  • Sergey Shulgin

    (Gaidar Institute for Economic Policy)

  • Dmitry Cherny

    (Gaidar Institute for Economic Policy)

  • V Litarchuk

    (Gaidar Institute for Economic Policy)


This publication is aimed at studying the modification of institutions of regional state power in the Russian Federation and its influence on the investment climate in the regions, including regional peculiarities of the investment climate and predictability of the policy of regional authorities headed by appointed governors. Examples of political confrontation between regional and provincial authorities in Canada allow us to illustrate the influence of normal federative democracy on business environment.

Suggested Citation

  • Konstantin Yanovsky & Sergey Zhavoronkov & Elena Reva & Sergey Shulgin & Dmitry Cherny & V Litarchuk, 2007. "Federal Reform Outcome: Influence of Modified Institutions on the Investment Climate in the Regions," Working Papers 0024, Gaidar Institute for Economic Policy, revised 2007.
  • Handle: RePEc:gai:wpaper:0024

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    File Function: Revised version, 2007
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    More about this item


    political institutions; investment climate; federalism;

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • H5 - Public Economics - - National Government Expenditures and Related Policies


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