Institutional Constraint of Modernization or Will the Democratization Do Well in Russia?

Abstract

The article deals with three possible scenarios of modernization - modernization from above, strong dash (modernization from below) and evolution (modernization from below but without a strong dash). The author points out that the last one is the most preferable for Russia, because step by step adaptation to new institutions mostly eliminates the possibility of a roll back. In the end the author suggests how could the economy develop in these diverse cases during the four ongoing decades.