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The Anatomy of Russian Capitalism

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  • Stanislav Menshikov

Abstract

This long-time Russian economist believes the economy is embedded in oligarchic, oligopolistic rigidities that the Putin government is not about to undermine. This is true despite its efforts to control the Yukos oil empire. Moreover, the government does not even consider alternative fiscal or monetary policies, much less industrial policies. One result is that wages comprise an unusually low share of gross domestic product.

Suggested Citation

  • Stanislav Menshikov, 2005. "The Anatomy of Russian Capitalism," Challenge, Taylor & Francis Journals, vol. 48(2), pages 67-89.
    • Handle: RePEc:mes:challe:v:48:y:2005:i:2:p:67-89
    DOI: 10.1080/05775132.2005.11034289
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    Cited by:

    1. ., 2013. "Analysis of Russian Performance since 1990 and Future Outlook," Chapters, in: D. S.P. Rao & Bart van Ark (ed.), World Economic Performance, chapter 5, pages 111-135, Edward Elgar Publishing.

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