Munich Personal RePEc Archive

На пути к новой теории реформ

Polterovich, Victor (1999): На пути к новой теории реформ. Published in: Economics of Contemporary Russia No. 3 (1999): pp. 32-48.

[img]
Preview
PDF
MPRA_paper_22035.pdf

Download (205kB) | Preview

Abstract

Recent studies of processes of economic reforms testified that realization of liberal school recipes resulted in nonadequate losses. Basing on these studies,the author singles out a number of fundamental mistakes of the neoliberal conception. The neoliberals ignored costs of institutional transformations; they thought that creation of the market law framework was sufficient to form efficient institutions; they overestimated the role of macroeconomic policy to the detriment of institutional development; they did not consider possibilities of "institutional conflicts" as a result of institutional borrowing from other cultures; they did not take into account that efficient state is necessary for reforms to be successful. The theory of transition economies is now itself in transition to a new understanding of goals, possibilities, and technologies of reforms. Using the analysis conducted, the author outlines the most important directions of necessary transformations of Russian economic institutions.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.