The new political economy of Russia / Erik Berglöf ... [and others]

This book was written by a team of researchers from CEFIR in Moscow.

Includes bibliographical references (pages [155]-162) and index.

1. Introduction -- 2. Accounting for Growth -- 2.1. The Productivity Challenge -- 2.2. The Investment Challenge -- 2.3. The 2001 Survey on Reform Priorities -- 3. The Political Context of Economic Reform -- 3.1. Government Accountability during the Yeltsin Presidency -- 3.2. Government Accountability during the Putin Presidency -- 4. Structural and Institutional Reforms -- 4.1. Incentives and Failure of the Post-Soviet Judicial System -- 4.2. Regulation and Rent-Seeking Bureaucracy -- 4.3. Banking-Sector Failure and Reform -- 4.4. Social-Sector Reforms -- 5. International Accountability: The Prospect of Accession to the World Trade Organization -- 5.1. Costs and Benefits of WTO Accession -- 5.2. Russian Accession Strategy and WTO Accession as an External Anchor -- 5.3. Accompanying Policies -- 6. Conclusions.

"Taking a comprehensive look at the economic and political regime shift from Yeltsin to Putin, this book explores the key challenges facing the Russian economy, to narrow the productivity gap between Russian and Western firms and industries; to attract more domestic and foreign investment; and, underlying these goals, to implement the judicial, administrative, social, and banking reforms necessary to future growth."--BOOK JACKET.