The basic elements of the post keynesian analysis of the post-soviet model of Russian capitalism
The paper tries to give Post Keynesian explanation of the most important problems of the Post-Soviet Russian Capitalism. The main idea is that institutions of this type of capitalism reduce uncertainty ineffectively. The main cause of it is a failure of the state as the effective enforcer of the con...
Gespeichert in:
| Datum: | 2016 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | English |
| Veröffentlicht: |
Інститут економіки промисловості НАН України
2016
|
| Schriftenreihe: | Економічний вісник Донбасу |
| Schlagworte: | |
| Online Zugang: | http://dspace.nbuv.gov.ua/handle/123456789/114895 |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| Назва журналу: | Digital Library of Periodicals of National Academy of Sciences of Ukraine |
| Zitieren: | The basic elements of the post keynesian analysis of the post-soviet model of Russian capitalism / I. Rozmainsky // Економічний вісник Донбасу. — 2016. — № 4 (46). — С. 21–27. — Бібліогр.: 29 назв. — англ. |
Institution
Digital Library of Periodicals of National Academy of Sciences of Ukraine| Zusammenfassung: | The paper tries to give Post Keynesian explanation of the most important problems of the Post-Soviet Russian Capitalism. The main idea is that institutions of this type of capitalism reduce uncertainty ineffectively. The main cause of it is a failure of the state as the effective enforcer of the contracts. In turn, higher uncertainty leads to chronic underinvestment, deindustrialization, technological degradation and tendency to sink into the underdevelopment trap. The accompanying phenomenon is the underdeveloped monetary system. All these factors contribute to the significant economic backwardness of the modern Russian economy. |
|---|