En guise de conclusion

Jacques Fontanel () and Thibault Fontanel
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Jacques Fontanel: CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble

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Abstract: The Russian economic situation is gradually improving after the crises of 1990 and 1998. Russia's economy has important and indisputable assets, but its history weighs on the confidence of national and international economic operators. Shock therapy was the solution provided to cope with a double transition, that of a planned economy to a market economy and that of a militarized economy to a civil economy. The already large underground economy before the collapse of the USSR accelerated its activities, because barter is a response to real inflation, to the arrears of all companies, to the instability of the banking system. Corruption is expressed at the highest levels of the state by the former nomenklatura and the privatization process has allowed numerous frauds and trafficking in an underground economy that has emerged from the official economy. When underground activity is accepted, it puts healthy and productive activities in difficulty, with this form of tax evasion that pollutes the conditions of economic competition.

Keywords: Underground economy; Russia; Economic transition; Privatization; Corruption; Economie souterraine; Russie; Transition économique; Privatisation (search for similar items in EconPapers)
Date: 2006
Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02950133v1
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Published in Jacques Fontanel; Liliane Bensahel. L'économie souterraine : l'exemple de la Russie, l'Harmattan, pp.91-103, 2006, Les Idées et les théories à l'épreuve des faits, 2-296-00348-6

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