Legal Contract Enforcement in the Soviet Economy1

Eugenia Belova

Comparative Economic Studies, 2005, vol. 47, issue 2, 387-401

Abstract: In present-day Russia, the arbitrazh courts appear to be a respectable and successful institution of contract enforcement. The Soviet state arbitration system was typically viewed as a purely administrative organisation that impeded the development of a contemporary system for legal contract enforcement. The analysis, however, suggests that the Soviet arbitration system was relatively well equipped to assist relationships between decentralised economic agents and had accumulated valuable experience that was the key for its successful performance in the 1990s. The system's activity increased in periods of liberalisation when state enterprises gained greater independence, and diminished during periods of revenant centralisation. Comparative Economic Studies (2005) 47, 387–401. doi:10.1057/palgrave.ces.8100104

Date: 2005
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