Стратегии институциональных реформ: Китай и Россия

Institutional Reform Strategies: China and Russia

Victor Polterovich
Authors registered in the RePEc Author Service: Виктор Меерович Полтерович

MPRA Paper from University Library of Munich, Germany

Abstract: This is the second part of the work devoted to the problem of the choice of institutional reform strategies. In the first part a concept of a promising trajectory was introduced. This is a trajectory that has good chances to be successful since it meets a number of requirements; their list was discussed in detail. In this paper, proposed analytical tools are used to compare reforms in Russia and China. It is shown that China had no significant advantages with respect to initial conditions. However, Chinese reformers, in contrast to the Russian ones, followed theoretical recommendations and choosed promising trajectories as their strategies. This observation explains the difference in the reform outcomes, and may be also considered as evidence in favor of the theory suggested.

Keywords: institutional reforms; institutional reform strategies; promising trajectory; economic transition; Russia; China (search for similar items in EconPapers)
JEL-codes: O10 P21 (search for similar items in EconPapers)
Date: 2006
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Published in Economics and Mathematical Methods 2.42(2006): pp. 3-16

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Related works:
Journal Article: Стратегии институциональных реформ. Китай и Россия (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:22010

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