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Russian Transformation and Its Results

https://doi.org/10.32609/0042-8736-2004-5-59-72

Abstract

Negative trends in Russian macroeconomic dynamics are considered in the article: raw materials production orientation, lowering of employees remuneration share in GDP, inflation, etc. It is shown that they are caused by the institutional system that has been formed during the period of reforms. This system hinders effective social and economic development.

About the Authors

Yu. Ovsienko
Central Economics and Mathematics Institute of the Russian Academy of Sciences
Russian Federation


N. Petrakov
Market Economy Institute, Russian Academy of Sciences
Russian Federation


References

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Review

For citations:


Ovsienko Yu., Petrakov N. Russian Transformation and Its Results. Voprosy Ekonomiki. 2004;(5):59-72. (In Russ.) https://doi.org/10.32609/0042-8736-2004-5-59-72

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ISSN 0042-8736 (Print)