Oxford Handbook of the Russian Economy

ISBN-13: 9780199759927 / Angielski / Twarda / 2013 / 864 str.

Michael V. Alexeev

Opis

By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreign exchange reserves in the world, behind only China and Japan. But while this impressive economic growth has raised the average standard of living and put a number of wealthy Russians on the Forbes billionaires list, it has failed to solve the country's deep economic and social problems inherited from the Soviet times. Russia continues to suffer from a distorted economic structure, with its low labor productivity, heavy reliance on natural resource extraction, low life expectancy, high income inequality, and weak institutions. While a voluminous amount of literature has studied various individual aspects of the Russian economy, in the West there has been no comprehensive and systematic analysis of the socialist legacies, the current state, and future prospects of the Russian economy gathered in one book.

Recenzje

It brings together a vast amount of information presented by authoritative authors in an informative and accessible way. Chapters can be recommended to students at different levels and the ample references to English and Russian sources will make this a very useful reference book not only on the Russian economy but also on related topics such as regions and social problems.

O autorze

Michael V. Alexeev is a Professor of Economics at Indiana University. Shlomo Weber is a Robert H. and Nancy Dedman Trustee Professor at Southern Methodist University.