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

Sherstnev, Mikhail (2000): Enterprise in transition: institutional framework, economic behavior and the implications for macroeconomic management. Retrospective look on Russia in the 90th.

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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.

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