Power – property core of economic development: the cases of Russia and South Korea

Pyastolov, S.M. and Shitenkova, E.V. (2012): Power – property core of economic development: the cases of Russia and South Korea. Published in: JOURNAL OF ECONOMIC REGULATION , Vol. 3, No. 4 (2012): pp. 93-108.

Abstract

The paper argues that some peculiarities of national development strategies may be described and explained with the help of the power – property concept which is used as a complement to the Economic Freedom surveys methodology. A cluster analysis approach is used to reveal the discrepancies in development strategies of Russia and of South Korea. The paper claims that factors which influence those discrepancies are mostly institutional and cultural attributes that concern the power – property phenomenon

• Item Type: MPRA Paper
• Language: English
• Keywords: economic development, Russia, South Korea, power – property
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O21 - Planning Models ; Planning Policy; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle East; P - Economic Systems > P5 - Comparative Economic Systems > P52 - Comparative Studies of Particular Economies

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