A Tale of Two City-States; Novgorod and Pskov in the 1990s
30 Pages Posted: 24 Sep 2007
Date Written: December 29, 2000
Abstract
This paper examines two regions of the Russian Federation, Novgorod and Pskov, to compare how differences in economic policy affect economic development. Despite common histories, geography and natural resources, Novgorod committed early on to policies that would attract foreign investments in production. Pskov, on the other hand, withdrew into protectionist policies until it was clear that efforts to increase domestic and foreign investment levels were needed. Using available statistics, we consider the reasoning that led these regions down such distinctly different economic policy paths - and consequences of these choices.
Keywords: Russia, regions, Novgorod, Pskov
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
From Plan to Market: Patterns of Transition
By Martha De Melo, Cevdet Denizer, ...
-
By Martha De Melo, Cevdet Denizer, ...
-
Growth in Transition: What We Know, What We Don't and What We Should
-
Growth in Transition: What We Know, What We Don'T, and What We Should
-
The Transition Economies after Ten Years
By Stanley Fischer and Ratna Sahay
-
The Transition Economies after Ten Years
By Stanley Fischer and Ratna Sahay
-
The Transition Economies after Ten Years
By Stanley Fischer and Ratna Sahay
-
The Soviet Economic Decline: Historical and Republican Data
By William Easterly and Stanley Fischer