Transformation of the Economic System in the Russian Federation: What Role for Competition among Regional Governments?

Matthias Lücke ()

Chapter 12 in Competition among Institutions, 1995, pp 297-317 from Palgrave Macmillan

Abstract: Abstract Even more than in other former planned economies, the successful transformation of the economic system in the Russian Federation will involve a ‘sea change’ in the running of its political and economic institutions. A short, and far from exhaustive, list includes the following measures: restructuring of government budgets at the national, regional and municipal levels; introduction of financial discipline in enterprises; reforming the financial system; privatizing the means of production. The required changes are particularly far-reaching and difficult to implement because Russia has practically no experience of market-type relations between economic agents.

Keywords: Public Good; Regional Government; Economic Reform; Political Reform; Political Preference (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24262-7_12

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DOI: 10.1007/9781349242627_12

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