The Russian Federation is struggling, since Perestroika and the Glasnost, in a futile attempt to become a â€~normal' member in the occidental family of market economies. The attempt largely fails because corporations do not live up to Western standards of behavior, and private contracts are often not respected. What is the cause of Russia's observed difficulties? It is commonly believed that these difficulties are an expected outcome of a rocky transition from a Marxist, centrally planned system, to a market based economy. This book challenges the accepted wisdom. In tracing the history of contract and the corporation in the West, it shows that the cultural infrastructure that gave rise to these patterns of economic behavior have never taken root on Russian soil. This deep divide between Russian and Western cultures is hundreds of years old, and has little, if anything to do with the brief, seventy-year-long experimentation with overtly Marxist ideology. The transformation of Russia into a veritable market economy requires much more than an expensive and difficult transition period: it mandates a radical change in her cultural underpinnings. The book's main thesis is supported by an in-depth comparison of Western and Russian theology, philosophy, literary and artistic achievements, musical and architectural idioms and folk culture.

This book addresses one of the fundamental problems in Russian society, and in Russia's relations with the rest of the world. Why do Russians tend to react differently from ?us? in given diplomatic or business situations? Why do they find the notion of a contract difficult to grasp? Why do they seem hostile to the principle of the level playing field? How do they see Russia's position within the globalised economy? In order to probe these issues, the author begins with a historical analysis, looking at the pattern of political and economic development since Tsarist times, always asking the questions: What is unique to Russia in all this, and which unique features tend to recur in different periods? In seeking to illuminate the interface between Russia and the world, the author also examines Russia's attitude to itself, and to its own resources ? natural and human ? to land as an agricultural resource, and later oil and gas; and to people ? as cheap labour and as highly trained scientific personnel. This book is firmly based on scholarly sources, in English, French and Russian, but aims to go beyond the academic audience to address the concerns of people encountering Russians and Russian organizations in their everyday lives.

Secure property rights are central to economic development and stable government, yet difficult to create. Relying on surveys in Russia from 2000 to 2012, Timothy Frye examines how political power, institutions, and norms shape property rights for firms. Through a series of simple survey experiments, Property Rights and Property Wrongs explores how political power, personal connections, elections, concerns for reputation, legal facts, and social norms influence property rights disputes from hostile corporate takeovers to debt collection to renationalization. This work argues that property rights in Russia are better seen as an evolving bargain between rulers and rightholders than as simply a reflection of economic transition, Russian culture, or a weak state. The result is a nuanced view of the political economy of Russia that contributes to central debates in economic development, comparative politics, and legal studies.

This Handbook is the most comprehensive up-to-date study of the Russian economy available. Russian and western authors analyze the current economic situation, trace the impact of Soviet legacies and of post-Soviet transition policies, examine the main social challenges, and propose directions for reforms.

Kremlin Capitalism provides a wealth of data and analyses not previously available. The authors articulate the political and economic goals of Russian privatization, examine the current ownership of the largest enterprises in Russia, and chart the challenges of corporate governance and restructuring in Russia's new corporations.

Russia is often portrayed as a regressive, even lawless country, and yet the Russian state has played a major role in shaping and experimenting with law as an instrument of power. In Law and the Russian State, William E. Pomeranz examines Russia's legal evolution from Peter the Great to Vladimir Putin, addressing the continuities and disruptions of Russian law during the imperial, Soviet, and post-Soviet. The book covers key themes, including: * Law and empire * Law and modernization * The politicization of law * The role of intellectuals and dissidents in mobilizing the law * The evolution of Russian legal institutions * The struggle for human rights * The rule-of-law * The quest to establish the law-based state It also analyzes legal culture and how Russians understand and use the law. With a detailed bibliography, this is an important text for anyone seeking a sophisticated understanding of how Russian society and the Russian state have developed in the last 350 years.

This book pulls together experts in the fields of economics and Russian culture, all participants in the Samuel P. Huntington Memorial Symposium on Culture, Cultural Change and Economic Development, a follow-up to the 1999 Cultural Values and Human Progress Symposium at Harvard University. As the sequel to the 2001 volume Culture Matters, it discusses modernization, democratization, economic, and political reforms in Russia and asserts that these reforms can happen through the reframing of cultural values, attitudes, and institutions. (Cover design by Katie Makrie.)

In Housing the New Russia, Jane R. Zavisca examines Russia's attempts to transition from a socialist vision of housing, in which the government promised a separate, state-owned apartment for every family, to a market-based and mortgage-dependent model of home ownership. In 1992, the post-Soviet Russian government signed an agreement with the United States to create the Russian housing market. The vision of an American-style market guided housing policy over the next two decades. Privatization gave socialist housing to existing occupants, creating a nation of homeowners overnight. New financial institutions, modeled on the American mortgage system, laid the foundation for a market. Next the state tried to stimulate mortgages-and reverse the declining birth rate, another major concern-by subsidizing loans for young families. Imported housing institutions, however, failed to resonate with local conceptions of ownership, property, and rights. Most Russians reject mortgages, which they call "debt bondage," as an unjust "overpayment" for a good they consider to be a basic right. Instead of stimulating homeownership, privatization, combined with high prices and limited credit, created a system of "property without markets." Frustrated aspirations and unjustified inequality led most Russians to call for a government-controlled housing market. Under the Soviet system, residents retained lifelong tenancy rights, perceiving the apartments they inhabited as their own. In the wake of privatization, young Russians can no longer count on the state to provide their house, nor can they afford to buy a home with wages, forcing many to live with extended family well into adulthood. Zavisca shows that the contradictions of housing policy are a significant factor in Russia's falling birth rates and the apparent failure of its pronatalist policies. These consequences further stack the deck against the likelihood that an affordable housing market will take off in the near future.

In 1991, a small group of Russians emerged from the collapse of the Soviet Union and enjoyed one of the greatest transfers of wealth ever seen, claiming ownership of some of the most valuable petroleum, natural gas and metal deposits in the world. By 1997, five of those individuals were on Forbes Magazine's list of the world's richest billionaires.

It also provides a comparative study, making references to other Mafia (the Japanese Yakuza, the Sicilian Cosa Nostra, American-Italian Mafia, and the Hong Kong Triads)."--BOOK JACKET.