From Predation to Accumulation? The Second Transition Decade in Russia
34 Pages Posted: 26 Oct 2002 Last revised: 24 Aug 2014
Date Written: June 30, 2000
Abstract
In this paper I argue that the insecure property rights and widespread predation that have characterized Russia during these past 12 or so years have depressed capital formation in all its dimensions, private, public, physical, human and environmental. The elimination of the conditions that gave rise to insecure property rights and predation is a necessary condition for the kind of sustained economic growth the Russian government anticipates in its new economic strategy, promulgated in June 2000.
JEL Classification: P3, P4
Suggested Citation: Suggested Citation
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