State and De-Statification: Risks and Limitations of a 'New Privatization Policy'

29 Pages Posted: 21 Oct 2012 Last revised: 16 Nov 2012

See all articles by Revold Entov

Revold Entov

Gaidar Institute for Economic Policy

Alexander Radygin

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research

Yuri Simachev

National Research University - Higher School of Economics; Russian Presidential Academy of National Economy and Public Administration

Date Written: October 21, 2012

Abstract

It will be some time before we can fully appreciate the radical nature of the socio-economic effects produced by the global crisis of the end of the first decade of the twenty first century. However, it is already evident that the two leading market economic systems of the Western world – that of the USA, based on an ideology of free market competition, and the socially oriented system of Europe, were unable adequately to respond to the initial phase of the crisis. Moreover, the only measures that proved capable of preventing financial and economic collapse were those taken by states that possessed powerful levers for acting upon the economy as the crisis unfolded. Russia was one of these states, though circumstances in Russia were not typical.

Keywords: privatization, Russian economy, public sector, de-statification

JEL Classification: H82, K11, K22, L32, L33, P31

Suggested Citation

Entov, Revold and Radygin, Alexander and Simachev, Yuri, State and De-Statification: Risks and Limitations of a 'New Privatization Policy' (October 21, 2012). Available at SSRN: https://ssrn.com/abstract=2164864 or http://dx.doi.org/10.2139/ssrn.2164864

Revold Entov

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

Alexander Radygin (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research ( email )

Russia

Yuri Simachev

National Research University - Higher School of Economics ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
Russia
+7 985 764 6865 (Phone)

HOME PAGE: http://https://www.hse.ru/en/org/persons/4579329

Russian Presidential Academy of National Economy and Public Administration ( email )

Varnadskogo Avenue,82
Moscow, 119571
Russia

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