Full Description
This textbook offers a wide-ranging, comprehensive analysis of the contemporary Russian economy (as it functions in the early 2020s) concentrated on the economy, economic policy, and economic governance. Chapters cover recent Russian economic history, the economic geography of Russia, natural resources, population, major sectors and industries, living standards and social policy, institutions, governance, economic policy, and Russia's role in the global economy. The book will provide a comparative cross-country context, analysing how the Russian economy and its institutions perform compared to its peers to help students and instructors understand Russia's strengths, weaknesses, and future challenges. Prepared by a team of leading Russian and international experts on the respective topics, this textbook will be of interest to those studying Russian economics. It will be valuable reading for undergraduate and graduate students of Russian studies, the Russian economy, Russian politics,the economics of transition, the economics of emerging markets, and international relations.
Contents
Part I: Natural and Human Resources.- Chapter 1: Natural resources, geography, and climate (by Leonid Limonov).- Chapter 2: Human resources (by Irina Denisova and Marina Kartseva).- Part II: Historical Roots.- Chapter 3: Capitalist industrialization and modernization: since Alexander's reforms until World War I (the 1860s - 1917) (by Carol Scott Leonard).- Chapter 4: The Soviet economy (1918-1991) (by Carol Scott Leonard).- Part III. Institutions and Their Transformation.- Chapter 5: Constitutional foundations of the economic system and the role of government in economic activity (by Christopher Hartwell).- Chapter 6: Regulatory environment and business climate (by Marek Dabrowski).- Chapter 7: Evolution of ownership structure and corporate governance (by Alexander Radygin).- Part IV: Major Sectors and Regional Diversity.- Chapter 8: Structural changes in the Russian economy since 1992 (by Boris Kuznetsov).- Chapter 9: Energy sector (oil, natural gas, coal, and electricity) and energy intensity (by Przemyslaw Kowalski).- Chapter 10: Agriculture (by Evgeniya Serova).- Chapter 11: Science, research and innovation (by Boris Kuznetsov).- Chapter 12: Regional diversity (by Leonid Limonov).- Part V: Russia in the Global Economy.- Chapter 13: Trade (by Arne Melchior).- Chapter 14: Foreign investment (by Kalman Kalotay).- Chapter 15: Sanctions and forces driving to autarky (by Marek Dabrowski).- Part VI: Economic and Social Policy Challenges.- Chapter 16: Economic growth (by Ilya Voskoboynikov).- Chapter 17: Macroeconomic vulnerability, monetary and fiscal policies (by Marek Dabrowski).- Chapter 18: Labour market, employment, and migration (by Vladimir Gimpelson).- Chapter 19: Living standard and social policy (by Irina Denisova and Marina Kartseva).- Chapter 20: Summary: changes in an economic system since the early 2000s (by Marek Dabrowski).
