The Quasi-Market Crisis as an Opportunity for Russia to Join the Mainstream of Development

O.E.Bessonova (beol@ngs.ru)

Journal "Region: Economics and Sociology", 2015, vol. 2

Abstract: The Russian economy has entered a systemic crisis due to the exhaustion of quasi-market model. In the course of history, countries overcame it through a revolutionary transition to the «razdatok» economy. However, regularities of market-razdatok global development give the possibility of an evolutionary transition to an open access regime by integrating market and razdatok institutions. We use the Razdatok theory and build a periodic table of the institutional development of Russia. The article contains a comparative institutional analysis of the two transition periods based on quasi-market. We give a forecast of how a «contract razdatok», which is the basis of the institutional matrix of an open access regime, can appear in Russia and assess the prospects for introduced institutional norms and rules

Keywords: institutional matrix; quasi-market; razdatok; market-razdatok evolution; mainstream institutional development; open access regime (search for similar items in EconPapers)
Date: 2015
Note: Social Issues of Regional Development
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2015-2_6

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