Given the present level of institutional quality and the significant role of the government sector in the economy, the Russian Federation has depleted the potential of the current model of growth which is based on commodity exports. The dramatic deceleration of the GDP growth rate down to less...

Developments in the post-crisis period in Russia were associated with the emergence of a number of new institutions that support interactions between government and business. Against this background, the Agency for Strategic Initiatives (ASI), in our opinion, has been the most successful...

The paper considers the factors explaining violent pressure of law enforcement agencies on businessmen in Russia in recent years. This phenomenon has been analyzed from the viewpoint of "destructive entrepreneurship" concept (Baumol, 1990) and "limited access order" framework (North et al.,...

Analyzing mass protest movements in different countries this paper argues that protests against electoral fraud in Moscow in December 2011 do not represent "Russian Spring," "Orange Revolution," or a new version of Perestroika. Rather they have more in common with the Progressive movement that...

Increasing pressure from the global market is an objective reason for the business community to seek government support. However, after the Yukos ¬affair the Russian business has found itself in a subdued posture towards ¬federal authorities. For this reason, Russian companies may be expected...

Using the data of SU—HSU enterprises surveys and internal statistics of KPMG company the paper provides a non-conventional view on three economic problems which have recently been in the center of expert discussions in Russia: competitiveness of firms, corruption in the government and level of...

The paper considers the behavior of Russian enterprises during the current crisis using the data of the latest survey of 1000 manufacturing firms. Special attention is paid to features of firms planning big investment for the next 12 months. The links between current investment plans, previous...

Having analyzed the present state of the Russian economy the authors come to the conclusion that the only reasonable goal of its modernization is achieving high competitive capacity of production. External and internal competitive capacity is analysed in detail basing on broad statistics as well...

The paper defines major groups of influential private and public actors involved in corporate governance processes in Russia. Their main incentives and interests as well as the evolution of their relations to corporate law are analyzed. On this base opportunities of applied analysis of the...

(A Comment on the World Bank Report) The paper considers critically the methodology and main conclusions of the World Bank study on the concentration of ownership and control in the Russian economy. The authors discuss methodological problems of the study and stress its importance for...