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Russia's economic transitions PDF

446 Pages·2003·1.801 MB·English
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This page intentionally left blank Russia’sEconomicTransitions FromLateTsarismtotheNewMillennium Russia’s Economic Transitions examines the three major transforma- tionsthatthecountryunderwentfromtheearly1860stotheyear2000. Thefirsttransition,underTsarism,involvedthepartialbreakupofthe feudal framework of land ownership and the move toward capitalist relations. The second, following the Communist revolution of 1917, broughttopowerasystemofstateownershipandadministration–a suigeneristypeofwareconomystatecapitalism–subjectingtheecon- omy’sdevelopmentfullytocentralcommands.Thethird,startedinthe early1990sandstillunfolding,isaimingatreshapingtheinheritedeco- nomic fabric on the basis of private ownership, within a not yet fully determinedmarketframework.Thethreetransitionsoriginatedwithin differentsettings,butwithasimilarprimarygoal,namelytochangethe economy’sownershippatterninthehopesofprovidingabetterbasisfor subsequentdevelopment.Thetreatment’soriginality,impartiality,and historicalbreadthhavecogenteconomic,social,andpoliticalrelevance. NicolasSpulberisDistinguishedProfessorofEconomics,Emeritus,at IndianaUniversityinBloomington.Heistheauthorofmanybooks,in- cludingRedefiningtheState:PrivatizationandWelfareReforminIndus- trialandTransitionalEconomies(CambridgeUniversityPress,1997), TheAmericanEconomy:TheStruggleforSupremacyinthe21stCen- tury(CambridgeUniversityPress,1994),andRestructuringtheSoviet Economy:InSearchoftheMarket(1991).Aleadingspecialistincom- parativeeconomicsystems,ProfessorSpulber’steachingandresearch have focused on the complex role of the state – that is, governments andtheiradministrations–insuchvariedcasesasdevelopingandtran- sitionaleconomies,centrallyplannedeconomies,andhighlydeveloped marketeconomies. Russia’s Economic Transitions From Late Tsarism to the New Millennium NICOLAS SPULBER IndianaUniversity    Cambridge, New York, Melbourne, Madrid, Cape Town, Singapore, São Paulo Cambridge University Press The Edinburgh Building, Cambridge  , United Kingdom Published in the United States of America by Cambridge University Press, New York www.cambridge.org Information on this title: www.cambridge.org/9780521816991 © Nicolas Spulber 2003 This book is in copyright. Subject to statutory exception and to the provision of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published in print format 2003 -  isbn-13 978-0-511-06955-0 eBook (EBL) -  isbn-10 0-511-06955-3 eBook (EBL) -  isbn-13 978-0-521-81699-1 hardback -  isbn-10 0-521-81699-8 hardback Cambridge University Press has no responsibility for the persistence or accuracy of s for external or third-party internet websites referred to in this book, and does not guarantee that any content on such websites is, or will remain, accurate or appropriate. ForPauline,withlove Contents FiguresandTables pagexii Preface xix part i the tsarist economic transition i.StateEconomyandSociety 1 TheSocioeconomicFramework 3 1-1 TerritoryandPopulation 3 1-2 RuralSociety 11 1-3 UrbanSociety 16 1-4 CommandandControlSystem 20 1-5 ConcludingComments 26 2 TheTransitionIssues 30 2-1 PrinciplesofAction 30 2-2 RussiaandtheWest’sEconomicPatterns 33 2-3 TheTransitionPath 36 2-4 Alternatives 44 2-5 ConcludingComments 48 3 TheEconomicPolicies 50 3-1 AgriculturalPolicy 50 3-2 IndustrialPolicy 55 3-3 CommercialPolicy 61 3-4 FinancialPolicy 67 3-5 ConcludingComments 70 ii.SectoralGrowthandChange 4 TheProblemsofAgriculture 73 4-1 Landholding 73 4-2 FarmingMethods 76 4-3 OutputsandYields 79 vii viii Contents 4-4 ExportsandImports 81 4-5 ConcludingComments 83 5 TheIndustrialChanges 85 5-1 PatternsofGrowth 85 5-2 Workforce 91 5-3 OutputLevels 94 5-4 ExportsandImports 96 5-5 ConcludingComments 98 6 DomesticandForeignTrade 100 6-1 TheDomesticTradeNetwork 100 6-2 TradeInterconnections 102 6-3 ConcernsinForeignTrade 104 6-4 ForeignTradeNetwork 106 6-5 ConcludingComments 110 iii.SocialAccounting 7 MoneyandBanking 112 7-1 TheMonetarySystem 112 7-2 DevelopmentofBanking 114 7-3 ForeignCapital 119 7-4 CreditandPublicDebt 122 7-5 ConcludingComments 124 8 StateFinance 126 8-1 SizeandStructureoftheBudget 126 8-2 AnalysisoftheReceipts 129 8-3 AnalysisofOutlays 132 8-4 SubnationalAccounts 133 8-5 ConcludingComments 134 9 OverallView 138 9-1 TransitionandtheAgriculturalEconomy 138 9-2 TransitionandtheIndustrialEconomy 141 9-3 TransitionandtheTertiarySector 145 9-4 IncomeandWealth 147 9-5 ConcludingComments 149 part ii the soviet economic transition i.StateEconomyandSociety 10 TheSocioeconomicFramework 155 10-1 TerritoryandPopulation 155 10-2 RuralSociety 162 10-3 UrbanSociety 166 10-4 CommandandControlSystem 169 10-5 ConcludingComments 172

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