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Seven Domestic Political Constraints of Russian Modernization

M. Inozemtsev
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M. Inozemtsev: Center for Post-Industrial Studies NRU HSE, Moscow, Russia

Journal of the New Economic Association, 2015, vol. 28, issue 4, 189-194

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.

Keywords: modernization; political constraints; elites; openness of a country (search for similar items in EconPapers)
JEL-codes: D72 D73 D74 D78 (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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