Over a quarter of the world's population lives in economies that have undertaken transitions from central planning to market economies. These transitions entail far-reaching and complex changes in social, economic and political institutions and have had widely divergent outcomes. Important...

Over a quarter of the world's population lives in economies that have undertaken transitions from central planning to market economies. These transitions entail far-reaching and complex changes in social, economic and political institutions and have had widely divergent outcomes. Important...

This article explores the contentious ‘monetisation' of in-kind benefits (l'goty) that converted them into cash allowances and redistributed responsibility for welfare provision between federal and local governments. We provide an empirical account of these reforms and discuss their...

Observers of Russian state market relations typically consider the state as an entity engaged in creating rent-seeking opportunities for bureaucrats, or for the most powerful economic interests. The trajectory and outcomes of electricity sector reforms demonstrate the limits of this perspective...

While efforts to exert greater state control over a number of sectors of the Russian economy have made head- lines, the government is currently also proceeding with efforts to privatize large parts of the electricity sector. Since the beginning of attempts to liberalize, effective opposition to...

Observers of Russian state market relations typically consider the state as an entity engaged in creating rent-seeking opportunities for bureaucrats or for the most powerful economic interests. The trajectory and outcomes of electricity sector reforms demonstrate the limits of this perspective...