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Enterprise in transition: institutional framework, economic behavior and the implications for macroeconomic management. Retrospective look on Russia in the 90th

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  • Sherstnev, Mikhail

Abstract

The Russian experience showed that macroeconomic performance in the transition economy is crucially dependent of the right microeconomic fundamentals. The paper offers retrospective view on the initial stages of market transformation in Russia from the point of view of interrelationships between enterprise behavior and macroeconomic performance.

Suggested Citation

  • Sherstnev, Mikhail, 2000. "Enterprise in transition: institutional framework, economic behavior and the implications for macroeconomic management. Retrospective look on Russia in the 90th," MPRA Paper 22444, University Library of Munich, Germany, revised Jul 2009.
    • Handle: RePEc:pra:mprapa:22444
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    References listed on IDEAS

    as
    1. Kornai, Janos, 1992. "The Socialist System: The Political Economy of Communism," OUP Catalogue, Oxford University Press, number 9780198287766.
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    More about this item

    Keywords

    Enterprise; transition; macroeconomic performance;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions

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