Evolution of the Government–Business Relationship and Economic Performance in the Former Soviet States – Order State, Rescue State, Punish State |
| |
Authors: | Ichiro Iwasaki |
| |
Institution: | (1) Institute of Economic Research, Hitotsubashi University, Naka 2-1, Kunitachi City, Tokyo 186-8603, Japan |
| |
Abstract: | The objective of this paper is to elucidate the relationship between the reform process and economic performance in the states
of the former Soviet Union (FSU). There were two strategies used by the former Soviet states to cope with the collapse of
the USSR. Some of the FSU countries, in an effort to overcome the institutional vacuum caused by the disintegration of the
federal economy, centralized their government authority to manage industry. Others decentralized power in an attempt to regain
economic independence for domestic enterprises. To evaluate the essential differences and progress gaps among transition strategies,
FSU countries can be divided into three groups, which reflect variations in institutional control of the government-business
relationships. The differences in economic performance in FSU countries can be explained to some extent by examining the diversity
of institutional patterns that characterize each category. The results of various empirical analyses positively support the
validity of such an analytical framework. In this sense, this paper presents a new viewpoint on the transition process in
FSU countries that may complement that shown in existing literature. |
| |
Keywords: | government-business relationship the former Soviet Union transition |
本文献已被 SpringerLink 等数据库收录! |
|