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Continuity and Change Institutions and Transition in the Russian Forest Sector (Paperback)
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Continuity and Change Institutions and Transition in the Russian Forest Sector (Paperback)
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For reasons having to do with the Soviet resource allocation model,
many Russian forest sector enterprises were miserably unfit to meet
the market competition that started to emerge after the
disintegration of the Soviet Union in the early 1990s. To avoid
bankruptcy and stay alive in Russia's transition towards a
market-like system many enterprises chose to engage in non-monetary
transactions, thus establishing what has become known as Russia's
virtual economy. The peculiar institutions ("rules-in-use") guiding
actors' behaviour in this odd system are incompatible with the
operation of efficient markets. The topics discussed in this book
can be framed through the following questions: What is the general
role of institutions in the on-going changes in Russian society?
Are there institutions that hamper the transition process towards
democracy and a market economy? If so, how do they hamper this
process? How can such institutions be changed to better serve the
needs of the emerging market system? These and similar questions
are addressed from several different but related perspectives in a
number of studies of actors' behaviour in the Russian timber
procurement arena.
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