num_pages: 84
description: Since the demise of the Soviet Union, Russia has been undergoing both democratic and economic reform at the same time. This creates considerable, but, as this study demonstrates, not insurmountable obstacles for the implementation of reform. The authors explain that an appropriate design of reform policies was responsible for the successful economic reforms and restructuring in Russia, particularly in macroeconomic policy and privatisation. These took into account the influence of stakeholder groups whose specific interests were identified and where necessary neutralised. The book shows that such an approach can eliminate institutional bottlenecks, and reduce political opposition. It provides an important insight into the political economy of reforms and will be relevant for economic decision making in other reforming countries.
language: English
title: The Economics and Politics of Transition to an Open Market Economy: Russia
titlecomplete: The Economics and Politics of Transition to an Open Market Economy: Russia
publisher: OECD