Russia's economy signs of progress and retreat on the transitional road
Of the numerous economies considered to be "transitional," Russia--with a gross domestic product (GDP) about one-fifth that of China, but a per capita product twice that of China--has the second largest. Exactly where the Russian economy lies in the market-oriented gamut of transitioning economies, however, is not yet clear: between, say, Cuba, Belarus, Uzbekistan, and Vietnam at one end, and some of the Balkan and central European states and China at the other end? Also unclear, and probably more important, is the pace of the Russian economy's transition and whether it is headed forward, toward market-oriented, decentralized resource allocation; backward, toward centralized, state-controlled allocation; or is, instead, oscillating between these two. These issues are controversial and vigorously debated within Russia. Our study focused on four questions whose answers shed light on some of the ambiguities surrounding Russia's status as a transitional economy: 1. How much of Russia's relatively strong, yet varying, economic growth is attributable to oil and natural gas prices, production, and exports? 2. To what extent have other institutional and structural changes such as the growth of private enterprise and marketization affected Russia's economic growth and its prospects? 3. What have been the scope and composition of Russia's economic transactions with several of its trading partners, specifically the Central Asian states (Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan, and Kyrgyzstan), the "proliferation-risk" countries (Iran and North Korea), and China? 4. How has the economy's transition affected Russia's defense spending, defense industry, and arms export?
"Of the numerous economies considered to be "transitional," Russia--with a gross domestic product (GDP) about one-fifth that of China, but a per capita product twice that of China--has the second largest. Exactly where the Russian economy lies in the market-oriented gamut of transitioning economies, however, is not yet clear: between, say, Cuba, Belarus, Uzbekistan, and Vietnam at one end, and some of the Balkan and central European states and China at the other end? Also unclear, and probably more important, is the pace of the Russian economy's transition and whether it is headed forward, toward market-oriented, decentralized resource allocation; backward, toward centralized, state-controlled allocation; or is, instead, oscillating between these two. These issues are controversial and vigorously debated within Russia. Our study focused on four questions whose answers shed light on some of the ambiguities surrounding Russia's status as a transitional economy: 1. How much of Russia's relatively strong, yet varying, economic growth is attributable to oil and natural gas prices, production, and exports? 2. To what extent have other institutional and structural changes such as the growth of private enterprise and marketization affected Russia's economic growth and its prospects? 3. What have been the scope and composition of Russia's economic transactions with several of its trading partners, specifically the Central Asian states (Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan, and Kyrgyzstan), the "proliferation-risk" countries (Iran and North Korea), and China? 4. How has the economy's transition affected Russia's defense spending, defense industry, and arms export?"@en
"Sixteen years after the Soviet Union's demise, the Russian economy can still be appropriately characterized as transitional. The authors shed light on ambiguities surrounding this status through an exploration of four questions related to issues of interest to government decisionmakers."
"The good news and the bad news about the Russian economy's movement toward becoming a market economy are both abundant; however, the Russian economy can still-16 years after the Soviet Union's demise-be appropriately characterized as transitional. It is the second largest of the economies considered to be transitional (China is the largest), but its position on the broad spectrum of transitional economies is not entirely clear, and neither are the pace and direction of its movement. The authors shed light on ambiguities surrounding Russia's status as a transitional economy by attempting to answer four key questions that relate to issues of interest to government decisionmakers about what Russia's economic growth can be attributed to and how transitional changes in the Russian economy have affected Russia's defense spending, defense industry, arms exports, and economic transactions with several of its trading partners."@en
"The good news and the bad news about the Russian economy's movement toward becoming a market economy are both abundant; however, the Russian economy can still -- 16 years after the Soviet Union's demise -- be appropriately characterized as transitional. It is the second largest of the economies considered to be transitional (China is the largest), but its position on the broad spectrum of transitional economies is not entirely clear, and neither are the pace and direction of its movement. The authors shed light on ambiguities surrounding Russia's status as a transitional economy by attempting to answer four key questions that relate to issues of interest to government decisionmakers about what Russia's economic growth can be attributed to and how transitional changes in the Russian economy have affected Russia's defense spending, defense industry, arms exports, and economic transitions with several of its trading partners."@en
""The good news and the bad news about the Russian economy's movement toward becoming a market economy are both abundant; however, the Russian economy can still -- 16 years after the Soviet Union's demise -- be appropriately characterized as transitional. It is the second largest of the economies considered to be transitional (China is the largest), but its position on the broad spectrum of transitional economies is not entirely clear, and neither are the pace and direction of its movement. The authors shed light on ambiguities surrounding Russia's status as a transitional economy by attempting to answer four key questions that relate to issues of interest to government decisionmakers about what Russia's economic growth can be attributed to and how transitional changes in the Russian economy have affected Russia's defense spending, defense industry, arms exports, and economic transactions with several of its trading partners."--Rand web site."@en
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RAND NATIONAL DEFENSE RESEARCH INST SANTA MONICA CA.
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POLITICAL SCIENCE Political Freedom & Security International Security.
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POLITICAL SCIENCE Security (National & International)
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Übergangswirtschaft Wirtschaftslage Wirtschaftslage Internationale Wirtschaftsbeziehungen Verteidigungshaushalt Rüstungsindustrie Russland.
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