IDEAS home Printed from https://ideas.repec.org/a/taf/pocoec/v12y2000i4p389-407.html
   My bibliography  Save this article

Path Dependence in Russian Policy Making: Constraints on Putin's Economic Choice

Author

Listed:
  • Stefan Hedlund

Abstract

A decade after the introduction of economic transition in Eastern Europe it was starting to become clear that initial beliefs in one-size-fits-all reforms had been unfounded. While some countries had made the grade, others- notably so Russia- had failed to live up to expectations. This article explores the Russian roots of that failure, arguing that the Russian reformers failed to take into account a deeply rooted Russian path dependence. By focusing narrowly on changes in the formal rules of the game, they neglected pressing needs for broader institutional change, including a credible commitment by the Russian government to impartially enforcing a rules-based system. It is argued that the legacy left for Vladimir Putin in important respects is even more dire than that left by Gorbachev for the El'tsin team.

Suggested Citation

  • Stefan Hedlund, 2000. "Path Dependence in Russian Policy Making: Constraints on Putin's Economic Choice," Post-Communist Economies, Taylor & Francis Journals, vol. 12(4), pages 389-407.
    • Handle: RePEc:taf:pocoec:v:12:y:2000:i:4:p:389-407
    DOI: 10.1080/14631370050216470
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/14631370050216470
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14631370050216470?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hedlund, Stefan & Sundström, Niclas, 1996. "Does Palermo Represent The Future For Moscow?," Journal of Public Policy, Cambridge University Press, vol. 16(2), pages 113-155, May.
    2. Juliet Johnson, 1994. "The Russian banking system: Institutional responses to the market transition," Europe-Asia Studies, Taylor & Francis Journals, vol. 46(6), pages 971-995.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yelena Kalyuzhnova & Michael Kaser, 2006. "Prudential Management of Hydrocarbon Revenues in Resource-rich Transition Economies," Post-Communist Economies, Taylor & Francis Journals, vol. 18(2), pages 167-187.
    2. Kalyuzhnova, Yelena & Nygaard, Christian, 2008. "State governance evolution in resource-rich transition economies: An application to Russia and Kazakhstan," Energy Policy, Elsevier, vol. 36(6), pages 1829-1842, June.
    3. repec:zbw:iamodp:91760 is not listed on IDEAS
    4. Wandel, Jurgen, 2010. "The Cluster-Based Development Strategy In Kazakhstan’S Agro-Food Sector: A Critical Assessment From An "Austrian" Perspective," IAMO Discussion Papers 91760, Institute of Agricultural Development in Transition Economies (IAMO).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gray, Cheryl W. & Hendley, Kathryn, 1995. "Developing commercial law in transition economies : examples from Hungary and Russia," Policy Research Working Paper Series 1528, The World Bank.
    2. Dastan ASEİNOV & Kamalbek KARYMSHAKOV, 2018. "Development of the Banking System in Kyrgyzstan: An Historical Review and Current Challenges," Sosyoekonomi Journal, Sosyoekonomi Society.
    3. Eggertsson, Thrainn, 1997. "The old theory of economic policy and the new institutionalism," World Development, Elsevier, vol. 25(8), pages 1187-1203, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:pocoec:v:12:y:2000:i:4:p:389-407. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CPCE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.