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Трансформационный Спад В России
[Transformational Recession in Russia]

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Abstract

Causes of the transformational recession in Russia are analyzed. It is argued that particulary important are two of them: "row material integration" into world markets and premature attempts of the government to stop inflation. A program of inflation rate stabilization is proposed as an instrument to overcome the recession.

Suggested Citation

  • Polterovich, Victor, 1996. "Трансформационный Спад В России
    [Transformational Recession in Russia]
    ," MPRA Paper 22060, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:22060
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    File URL: https://mpra.ub.uni-muenchen.de/22060/1/MPRA_paper_22060.pdf
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    References listed on IDEAS

    as
    1. Kornai Janos, 1994. "Transformational Recession: The Main Causes," Journal of Comparative Economics, Elsevier, vol. 19(1), pages 39-63, August.
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    Cited by:

    1. Pavel Kadochnikov, 2006. "An Analysis of Import Substitution in Russia after the 1998 Crisis," Research Paper Series, Gaidar Institute for Economic Policy, issue 95, pages 148-148.
    2. Varshavsky Alexander, 1999. "Macroeconomic Aggregate Model for Analysis of Inflation and Stabilization of the Russian Economy," EERC Working Paper Series 97-109e, EERC Research Network, Russia and CIS.
    3. Maxim Bouev, 2001. "Labor Supply, Informal Economy and Russian Transition," William Davidson Institute Working Papers Series 408, William Davidson Institute at the University of Michigan.

    More about this item

    Keywords

    transformational recession; Russia;

    JEL classification:

    • P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General

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