Preview

Economics of Contemporary Russia

Advanced search

Institutional Dilemma of Modern Russia

Abstract

The article attempts to answer the question of what socioeconomic system is causing in the depths of evolution, and explain, why the contractual model provides the conditions for entering a new economic development stage. The conceptual basis of this is the synthesis of the author's razdatok theory with modern institutional concepts. The result of the rethinking of institutional evolution was the conclusion that the confrontation between market and razdatok (non-market, distributive) economies is replaced on integration of market and razdatok institutions in the 21st century. Therefore, the institutional dilemma is not a plan or a market, and not socialism or capitalism, but a quasi–market or contractual razdatok. Outwardly, both models look similar – resources are distributed through state orders on a competitive basis and contracts are concluded with legal guarantees. However, the quasi-market is based on the extractive synthesis, and protects the monopoly acquisition of public rent by a narrow group of individuals. Whereas the model of contractual razdatok, being a result from inclusive synthesis and the mechanism for the functioning of a social state, ensures the effective inclusion of all social groups in the process of economic development.

About the Author

Olga E. Bessonova
Institute of Economics and Industrial Engineering, Novosibirsk
Russian Federation
SB RAS



References

1. Acemoglu D., Robinson J. (2015). Why nations fail. The origins of power, prosperity, and poverty. Mosсow, AST (in Russian).

2. Aganbegyan A.G. (2017). On the eve of structural reforms and socio-economic growth: where to go (reflections on the book «New Integral Society»). EKO, no. 1, pp. 72–93 (in Russian).

3. Anchishkina O. (2017). Contract institutions in the Russian economy: The sphere of state, municipal, and regulated procurement. Voprosy Ekonomiki, no. 11, pp. 93–110 (in Russian).

4. Bessonova O.E. (2015). The market and razdatok in Russian matrix: From confrontation to integration]. Mosсow, ROSSPEN (in Russian).

5. Bessonova O.E. (2018). Integral-institutional paradigm and the Russian way: overcoming the defects of the concepts of «Power–Property» and «X-Y matrices». Obshchestvennye nauki i sovremennost’, no. 4, pp. 127–142 (in Russian).

6. Blok F. (2004). The roles of the state in the economy. Еkonomicheskaja sociologija, vol. 5, no. 2, pp. 37–56 (in Russian) (ecsoc.hse.ru).

7. Buaje R., Brusso Je., Kaje A., Favro O. (2008). Towards an institutionalist political economy. Ekonomicheskaya sotsiologiya, vol. 9, no. 3, pp. 37–56 (in Russian) (ecsoc.hse.ru).

8. Clarke J. (2011). Beyond public and private? The changing welfare mix. Zhurnal issledovanii sotsial’noi politiki, vol. 9, no. 2, pp. 151–168 (in Russian).

9. Fukuyama F. (2015). The origins of political order. Moscow, AST (in Russian).

10. Greber D. (2015). Debt: The first 5000 years of history. Мoscow, Ad Marginem Press (in Russian).

11. Hayden G. (2017). An Evaluation of Institutional Matrices Theory Which was designed to illustrate differences between Russian and Western political economies. Journal of Economic Issues, vol. 51, no. 2, pp. 467–475.

12. Hazlitt G. (2000) Typical errors of state regulation of the economy. Moscow, Serebryanye niti publ. (in Russian).

13. Higgs R. (2010). Crisis and leviathan. Critical episodes in the growth of American government. Moscow, IRISEN, Mysl’ (in Russian).

14. Hirshman A. (2009). Exit, voice, and loyalty responses to decline in firms, organizations, and state. Moscow, Novoe izdatel’stvo (in Russian).

15. Konotopov M. (ed.) (2005). The economic history of the world. Europe. Мoscow, Dashkov & Co, vol. 3 (in Russian).

16. Le Grand J. (2011). The other invisible hand: Delivering public services through choice and competition. Moscow, Institute Gaidara publ. (in Russian).

17. Mau V.A. (2010). Works in six volumes. Vol. 1. The state and economy: the experience of economic policy. Moscow, Delo (in Russian).

18. Newman J., Clarke J. (2009). Publics, politics and power: Remaking the public in public services. London, Sage.

19. North D., Wallis J., Weingast B. (2011). Violence and social orders. A conceptual framework for interpreting recorded human history. Moscow, Institute Gaidara publ. (in Russian).

20. Piketti T. (2015). Capital in the XXI century. Moscow, Ad Marginem Press (in Russian).

21. Polánnyi K. (2002). The Great Transformation. The political and economic origins of our time. Moscow, Aleteya (in Russian).

22. Samuelson P.A., Nordhaus W.D. (2010). Economics, 19th ed. London, The McGraw-Hill.


Review

For citations:


Bessonova O.E. Institutional Dilemma of Modern Russia. Economics of Contemporary Russia. 2018;(4):23-36. (In Russ.)

Views: 1004


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 1609-1442 (Print)
ISSN 2618-8996 (Online)