Russian & Baltic Economies

Total Page:16

File Type:pdf, Size:1020Kb

Russian & Baltic Economies BOFIT Russian & Baltic Economies The Week in Review Yearbook 2002 Russian and Baltic Economies - The Week in Review is a brief compilation of leading economic news items in Russia and the Baltics. Bank of Finland Institute for Economies in Transition, BOFIT Russian & Baltic Economies - The Week in Review 2002 BOFIT www.bof.fi/bofit Contents 2002 4.1.2002 Week 1/2002 S Rouble makes calm transition to 2002. S Russian share prices rise at year's end. S Russian government approves plan to reform housing costs. S Russian enterprises continue to reduce payment arrears S Russia's centrist parties unite. S Progress in Russian judicial reform. S Estonian GDP grew 5 % y-o-y in the third quarter. S Lithuanian GDP also up 5 % y-o-y in the third quarter. S Performance of Baltic share prices in 2001 quite mixed. 11.1.2002 Week 2/2002 S VAT to provide largest revenue stream in Russia's 2002 budget, social spending biggest expenditure item. S Russian GDP grew 5 % in first three quarters of 2001. S Russian inflation 18.6 % y-o-y in December. S Russian current account surplus shrank in 2001. S Estonian government resigns. S Current account deficits rise in Estonia and Latvia, fall in Lithuania. S Estonia posts highest Baltic inflation in 2001. 18.1.2002 Week 3/2002 S Continued strong growth in private consumption and investment. S Russian currency reserves stable, rouble declines. S Russia's new labour code replaces 1970s legacy. S Hike in Russian excise taxes. S Putin wants more support for small businesses. S Latvia gets new laws on business and competition. S Estonian government scrubs sale of stake in Narva power plants to NRG Energy. S While EU accession talks progress, accession support varies widely. 25.1.2002 Week 4/2002 S Russian industrial output grew 4.9 % last year. S CBR raises its interest on commercial bank deposits. S Exports tariffs lowered on oil and oil products. S Russia eliminates export tariffs for several goods categories. S Putin considers shift to all-volunteer military. S Busy spring session ahead for Duma. S Siim Kallas takes over as Estonian prime minister. S Tallinn bourse will hold off on shift to HEX trading system until late February. S New framework agreed on privatisation sale of Latvian Shipping Company (LASCO) S Polish unemployment continues to rise. Russian & Baltic Economies - The Week in Review 2002 BOFIT www.bof.fi/bofit 1.2.2002 Week 5/2002 S Growth in construction and retail accelerated last year. S Russian government decides on 2002 increases in natural monopoly tariffs. S Russian government seeks to restructure Soviet-era commercial debt. S Russian share prices rise in January. S Estonia's new government. S Euro peg for the litas. S Lithuania's and Latvia's currency reserves rose last year, Estonia's reserves shrank. 8.2.2002 Week 6/2002 S New data indicate Russian GDP grew 9 % in 2000 and 5 % in 2001. S Russian inflation accelerates in January. S Russia's WTO membership talks continue. S Further lowering of Russian export tariffs. S Putin approves plans to revise Vneshtorgbank ownership structure. S Russia still on the FATF blacklist. S Russia favouring domestic ports over Baltic ports. S Litas pegged to the euro last Saturday (2.2.). S Baltic budgets balance improves last year. S Polish inflation hits new lows. 15.2.2002 Week 7/2002 S Russian imports from non-CIS countries grew briskly in 2001. S Services' share of Russian GDP increased slightly last year. S Russian government revises its 2002 growth estimate. S Russian unemployment was 9 % in December. S Summary of Russia's privatisation activities in 2001… S …and privatisation plans for 2002. S Unexpected January jump in Baltic inflation. S Baltic year-end industrial output growth exceeds forecasts. 22.2.2002 Week 8/2002 Overview of revenue and expenditure on consolidated 2001 regional budgets in Russia. S Uneven rise in Russian producer prices last year. S Russian money supply expanded quickly in 2001. S Russia plans to implement deposit insurance fund in two phases. S Russian labour market organisations and the government sign general agreement on income policy and employment for 2002 -2004. S Growth in Baltic exports slowed towards end of 2001. 1.3.2002 Week 9/2002 S Economic growth of Russian industry slowed in January. S Russia posts large budget surplus in 2001. S Russian real incomes rose last year. S S-account holders offered more foreign currency auctions and higher investment limits S CBR lowers minimum capital requirements for foreign-owned banks in Russia. S No consensus yet on Caspian Sea issues. S Tallinn bourse connects with Helsinki exchange's trading system. S Privatisation of Latvian gas company completed. S Sale of LASCO for privatisation coupons begins. S Nord/LB to buy Lithuanian Agricultural Bank. Russian & Baltic Economies - The Week in Review 2002 BOFIT www.bof.fi/bofit 8.3.2002 Week 10/2002 S Russian on-month inflation slowed to 1.2 % in February. S Investments in oil sector lead in 2001. S Russian regions experience difficulties in paying wages. S Termination of power-sharing agreements between centre and regions. S Implementation of energy sector reforms begins. S Baltic bank lending up in 2001. S Lithuania's new value-added tax. S Economic growth still strong in CIS countries last year. 15.3.2002 Week 11/2002 S FDI inflows to Russia dwindle in 2001. S Changes in the structure of Russian foreign trade in 2001. S Russia's foreign debt contracted substantially in 2001. S Minor reduction in Russian domestic debt last year. S Russia relaxes rules on exporting foreign currency. S Estonia posts highest Baltic inflation in February. S Baltic wages rose last year. S Lithuanian unemployment continues to rise. 22.3.2002 Week 12/2002 S Sergei Ignatiev takes over as CBR chairman. S Russian industrial output growth slowed in February. S Little change last year in Russian companies' reliance on barter or payment arrears situation. S Russian government approves draft proposal on sale and purchase of agricultural land. S Changes in Russian export tariffs. S Foreign direct investment inflows last year nearly covered Estonia's current account deficit. S Latvian GDP rose 7.6 % last year. 28.3.2002 Week 13/2002 S Russian economic growth slowed in February. S Profits of Russian enterprises down in 2001. S Russia promises to curb crude oil exports during second quarter. S Russian government proposes tax code amendments. S Bumpy road for Russian pension reform. S Russian election dates. S Estonia has lowest government debt among the Baltics. S Finnish HEX Group offers to purchase majority stake in Riga Stock Exchange. S Poland's GDP grew just 1.1 % last year. 5.4.2002 Week 14/2002 S Rouble weakened moderately last month. S Russia's Supreme Court decision would modify CBR currency controls. S Russia's consolidated 2001 budget shows large surplus. S Russian government approves 2002 investment program for natural gas producers. S Estonia and Lithuania enjoyed robust economic growth in 2001. S Opposition rolls to victory in Ukraine's parliamentary election. S Country risk rankings of transition economies continue to improve. Russian & Baltic Economies - The Week in Review 2002 BOFIT www.bof.fi/bofit 12.4.2002 Week 15/2002 S Russia and Germany agree on Soviet-era debt. S Russia monthly inflation 1.1 % in March. S CBR lowers refinancing rate. S Russia's current account surplus shrinks in first quarter. S Bank deposits and lending in Russia in 2001. S Baltic inflation slows in March. S Current account deficit rises in Latvia, falls in Lithuania. 19.4.2002 Week 16/2002 S Russian industrial output revived slightly in March. S Statistics Committee releases fourth-quarter GDP data for 2001. S Russian share prices continue to climb. S Russia's grey economy said to employ nearly 13 % of labour force. S Tax relief proposed for Russia's small firms. S LASCO privatisation moves ahead. S Williams and YUKOS resume talks on Mazeikiu Nafta. 26.4.2002 Week 17/2002 S Russian economic growth recovered in March. S Putin's state-of-the-nation address emphasises acceleration of economic reform. S IMF says Russia's economic policies headed in the right direction. S Minimum wage to rise from the first of May. S Lithuania's privatisation agency approves German consortium's bid for Lietuvos Dujos gas company. S EU accession talks increasingly focus on toughest chapters. 3.5.2002 Week 18/2002 S Russian unemployment fell slightly in first quarter. S Russia's population continued to decline in 2001. S Duma reversed the amended version of central bank bill to second reading. S CBR gets new deputy chairmen. S Progress in reform of Russia's natural monopolies. S Katanandov continues to lead Karelia. S Lithuania's latest eurobond placement. S Polish economic growth remains low. 10.5.2002 Week 19/2002 S Russian on-month inflation was 1.2 % in April. S Little change in forecasts of Russian economic growth this year; inflation estimates raised slightly. S Russia's regional and local budgets near balance in the first quarter. S Rapid rise in Russian real incomes continued in first quarter. S Turnover of Russian labour force has increased since the 1998 financial crisis. S IMF mission gives positive appraisal of Estonia's economic development. S Transhipments from Russia via Estonia increased in the first four months of 2002. 17.5.2002 Week 20/2002 S Despite first-quarter slowing, growth of Russian imports from non-CIS countries remained strong. S Russian government sees fast growth unlikely in the short term.
Recommended publications
  • Harvard University
    HARVARD UNIVERSITY ROBERT AND RENÉE BELFER CENTER FOR SCIENCE AND INTERNATIONAL AFFAIRS 2000-2001 ANNUAL REPORT 2 Robert and Renée Belfer Center for Science and International Affairs 2000-2001 Annual Report Director’s Foreword 5 Overview From the Executive Director 7 Environment and Natural Resources Program TABLE 8 OF Harvard Information Infrastructure Project 52 CONTENTS International Security Program 71 Science, Technology and Public Policy Program 109 Strengthening Democratic Institutions Project 155 WPF Program on Intrastate Conflict, Conflict Prevention, and Conflict Resolution 177 Events 188 Publications 219 Biographies 241 Robert and Renée Belfer Center for Science and International Affairs 3 2000-2001 Annual Report 4 Robert and Renée Belfer Center for Science and International Affairs 2000-2001 Annual Report Director’s Foreword —————————————♦ For the hub of the John F. Kennedy School’s research, teaching, and training in international security affairs, environmental and resource issues, conflict prevention and resolution, and science and technology policy, the first academic year of the new century has been bracing. According to our mission statement, The Belfer Center for Science and International Affairs strives to provide leadership in advancing policy-relevant knowledge about the most important challenges of international security and other critical issues where science, technology, and international affairs intersect. BCSIA’s leadership begins with the recognition of science and technology as driving forces transforming threats and opportunities in international affairs. The Center integrates insights of social scientists, technologists, and practitioners with experience in government, diplomacy, the military, and business to address critical issues. BCSIA involvement in both the Republican and Democratic campaigns. BCSIA was privileged to have senior advisors in both camps in one of the most unforgettable American elections in recent memory.
    [Show full text]
  • Observation of the Presidential Election in the Russian Federation (4 March 2012)
    Parliamentary Assembly Assemblée parlementaire http://assembly.coe.int Doc. 12903 23 April 2012 Observation of the presidential election in the Russian Federation (4 March 2012) Election observation report Ad hoc Committee of the Bureau Rapporteur: Mr Tiny KOX, Netherlands, Group of the Unified European Left Contents Page 1. Introduction ............................................................................................................................................. 1 2. Political and legal context ....................................................................................................................... 2 3. Election administration and voter and candidate registration .................................................................3 4. The campaign period and the media environment.................................................................................. 4 5. Complaints and appeals ......................................................................................................................... 5 6. Election day ............................................................................................................................................ 5 7. Conclusions ............................................................................................................................................ 6 Appendix 1 – Composition of the ad hoc committee.................................................................................... 8 Appendix 2 – Programme of the pre-electoral mission (Moscow,
    [Show full text]
  • OON31.P65 19.01.04, 14:04 1 Cyan
    OON31.p65 1 19.01.04, 14:04 Cyan Visit of the UNESCO Director-General, Ko¿tiro Matsuura, to Russia The UNESCO Director- Art in the presence of minis- General visited the Russian ters, including ;irst Deputy ;ederation for the second Prime-Minister of R;, Ms. time 2526 November 2003 Karelova, Minister of ;oreign on the invitation of the Pres- Affairs, Mr. Ivanov, Minister ident of the Russian ;eder- of Culture, Mr. Shvydkoy, as ation, Mr. Vladimir Putin. well as Chairperson of the The programme of the visit Commission of the Russian included a meeting of Mr. ;ederation for UNESCO, Matsuura with Mr. Putin, Mr. ;ortov, Permanent Del- the participation of the egate of the Russian ;edera- UNESCO Director-General tion to UNESCO, Mr. Kala- in the meeting of the Presi- manov, Assistant to the dential Council for Culture UNESCO Director-General and Art, a meeting with the for Culture, Mr. Bouchenaki, ;irst Deputy Prime-Minister Director of the UNESCO of the Russian ;ederation, Mr. Vladimir Putin greets Mr. Ko¿tiro Matsuura Moscow Office, Mr. Quéau, Ms. Galina Karelova, and in the Kremlin and other representatives of participation at the ceremo- the UNESCO Headquarters. ny of awarding Mr. Matsuura with After the meeting with Mr. Putin in the Opening the meeting, President the title of Honorary Professor of Kremlin Ko¿tiro Matsuura made a Moscow State University. speech at the Council for Culture and (To be continued on p. 8) Contents: UNESCO UNA Visit of the UNESCO Director-General, Students and Journalists Discuss the Present Ko¿tiro Matsuura, to Russia .....................................
    [Show full text]
  • VI Europe–Russia Economic Forum
    VI Europe–Russia Economic Forum Sejm of the Republic of Poland Warsaw, Poland ST OF MAY – ST OF JUNE Under the High Patronage of Grzegorz Schetyna, Marshal of the Sejm of the Republic of Poland Organizer Publisher Foundation Institute for Eastern Studies ul. Solec 85 00–382 Warsaw Tel.: + 48 22 583 11 00 Fax: + 48 22 583 11 50 e–mail: [email protected] www.forum–ekonomiczne.pl Layout BikerStudio www.biker.wns.pl Print Flexergis Sp. z o.o. (Drukarnia BAAD) Warsaw 2011 Contents Programme . 5 Speakers. 19 List of Participants . 55 Programme Programme 6 Programme Programme 7 May 31, 2011 Registration of participants 11:30–12:15 Presentation of the Economic Forum “Russia 2010. Report on Transformation”. Political and Economic 12:15–13:30 Situation in Russia in 2010 Break 13:30–13:45 Partnership for Modernization 13:45–15:15 Lunch 15:15–16:15 Russia in 21st Century. Expectations and Projects 16:15–17:45 Coffee break 17:45–18:00 European Union and Russia: Common Values 18:00–19:30 Reception 20:00 www.economic–forum.pl www.economic–forum.pl 6 Programme Programme 7 June 1, 2011 Energy Industry. Russian Resources and European Security 09:00–10:30 NATO–EU–Russia Relations after the Lisbon Summit 09:00–10:30 Coffee break 10:30–10:45 Europe and Russia in the Global Economy: Opportunities and Threats 10:45–12:15 EU and Russia – Foreign Policy Directions 10:45–12:15 Coffee break 12:15–12:30 EU–Russia. New Perspectives for Partnership and Cooperation 12:30–14:00 Regional Cooperation.
    [Show full text]
  • PCA Case No. AA 228 in the MATTER of an ARBITRATION BEFORE a TRIBUNAL CONSTITUTED in ACCORDANCE with ARTICLE 26 of the ENERGY CH
    PCA Case No. AA 228 IN THE MATTER OF AN ARBITRATION BEFORE A TRIBUNAL CONSTITUTED IN ACCORDANCE WITH ARTICLE 26 OF THE ENERGY CHARTER TREATY AND THE 1976 UNCITRAL ARBITRATION RULES - between - VETERAN PETROLEUM LIMITED (CYPRUS) - and - THE RUSSIAN FEDERATION FINAL AWARD 18 July 2014 Tribunal The Hon. L. Yves Fortier PC CC OQ QC, Chairman Dr. Charles Poncet Judge Stephen M. Schwebel Mr. Martin J. Valasek, Assistant to the Tribunal Mr. Brooks W. Daly, Secretary to the Tribunal Ms. Judith Levine, Assistant Secretary to the Tribunal Registry Permanent Court of Arbitration Representing Claimant: Representing Respondent: Professor Emmanuel Gaillard Dr. Claudia Annacker Dr. Yas Banifatemi Mr. Lawrence B. Friedman Ms. Jennifer Younan Mr. David G. Sabel SHEARMAN & STERLING LLP Mr. Matthew D. Slater Mr. William B. McGurn Mr. J. Cameron Murphy CLEARY GOTTLIEB STEEN & HAMILTON LLP Mr. Michael S. Goldberg Mr. Jay L. Alexander Dr. Johannes Koepp Mr. Alejandro A. Escobar BAKER BOTTS LLP TABLE OF CONTENTS LIST OF DEFINED TERMS ..................................................................................................................... xiii INTRODUCTION ........................................................................................................................................ 1 I. PROCEDURAL HISTORY ................................................................................................................ 2 A. COMMENCEMENT OF THE ARBITRATION ................................................................................... 2
    [Show full text]
  • Russia and the IMF: a Sordid Tale of Moral Hazard
    Russia and the IMF: A Sordid Tale of Moral Hazard STEFAN HEDLUND T he first summer of the new millennium was marked by renewed controversy around the issue of Russia's relation to the International Monetary Fund (IMF). As Swiss prosecutors pressed on with their probes into alleged Russian money laundering, suspicions again carne to the fore that billions of dollars of IMF funds intended to support the rutile had been illicitly diverted via a maze of accounts in Western banks, notably the scandal-ridden Bank of New York. Although allegations of this type constitute a serious embarrassment to those concerned, there appears to be little danger of anyone's actually having to accept personal blame. Given the massive amounts of money involved, the investigations are likely to drag on for many years, as are the debates on what really happened. But few if any significant truths or admissions of guilt are likely to come on record. There is, quite simply, too much high-level politics involved for truth or justice to prevail. However, there may be some benefit in mapping, as far as possible, the story of IMF involvement in Russia, how it unfolded, and how it was brought to such an embarrassing end. 1 argue that there have been significant problems of moral hazard involved that should have been taken into account from the outset. The merits of the argument should be sought in a different direction from sim- ply looking for the trail of a few billion dollars that are missing. At stake is the very essence of Western relations to Russia, at a crucial point in that country's development.
    [Show full text]
  • Russian Telecoms Proxies Six Months Through 20 March 2000 (20-Day Moving Average) 400
    RussiaRussia ReviewReview GRIFFIN CAPITAL 20 March 2000 IN BRIEF Contents “Panem et circenses” [Bread and Circuses] IN BRIEF ..................................................... 1 Juvenal X 81 POLITICS AND GOVERNMENT .................. 3 MACROECONOMY ..................................... 5 MEDIA AND COMMUNICATIONS ............... 13 ENERGY ...................................................... 24 SPORTS ...................................................... 25 UPCOMING EVENTS ................................... 27 INDEX TO THIS ISSUE ................................. 28 with NATO as to pursue his ruthless crackdown in Chechnya. Not since the Bolshevik Revolution of 1917 has a Russian leader been less bound by ideology. Putin the pragmatist will focus his country’s con- siderable resources on the task of rebuilding the Putin Rallies the Troops - and Voters (Reuters) weakened former Superpower as an assertive, if not dominant, economic and political player. We’re All Aboard and Ready to Go He has the broad support of an electorate whose national pride was wounded by the West’s Described by its prominent passenger as a “pow- assertiveness in Kosovo and Russia’s reduced erful and obedient machine”, a Sukhoi jet fighter status on the global stage. today spirited presidential campaigner Vladimir Putin to a pre-election morale and image boost- And with less than a week before the election, ing appearance in Grozny, the devastated capi- Putin pledged to start withdrawing troops from tal of Russia’s war torn province of Chechnya. Chechnya. Russian
    [Show full text]
  • PCA Case No. AA 227 in the MATTER of an ARBITRATION BEFORE a TRIBUNAL CONSTITUTED in ACCORDANCE with ARTICLE 26 of the ENERGY CH
    PCA Case No. AA 227 IN THE MATTER OF AN ARBITRATION BEFORE A TRIBUNAL CONSTITUTED IN ACCORDANCE WITH ARTICLE 26 OF THE ENERGY CHARTER TREATY AND THE 1976 UNCITRAL ARBITRATION RULES - between - YUKOS UNIVERSAL LIMITED (ISLE OF MAN) - and - THE RUSSIAN FEDERATION FINAL AWARD 18 July 2014 Tribunal The Hon. L. Yves Fortier PC CC OQ QC, Chairman Dr. Charles Poncet Judge Stephen M. Schwebel Mr. Martin J. Valasek, Assistant to the Tribunal Mr. Brooks W. Daly, Secretary to the Tribunal Ms. Judith Levine, Assistant Secretary to the Tribunal Registry Permanent Court of Arbitration Representing Claimant: Representing Respondent: Professor Emmanuel Gaillard Dr. Claudia Annacker Dr. Yas Banifatemi Mr. Lawrence B. Friedman Ms. Jennifer Younan Mr. David G. Sabel SHEARMAN & STERLING LLP Mr. Matthew D. Slater Mr. William B. McGurn Mr. J. Cameron Murphy CLEARY GOTTLIEB STEEN & HAMILTON LLP Mr. Michael S. Goldberg Mr. Jay L. Alexander Dr. Johannes Koepp Mr. Alejandro A. Escobar BAKER BOTTS LLP TABLE OF CONTENTS LIST OF DEFINED TERMS ..................................................................................................................... xiii INTRODUCTION ........................................................................................................................................ 1 I. PROCEDURAL HISTORY ................................................................................................................ 2 A. COMMENCEMENT OF THE ARBITRATION ..................................................................................
    [Show full text]
  • Gel'man, Vladimir, Ed. Studies in Contemporary Russia : Authoritarian Modernization in Russia : Ideas, Institutions, and Policies
    Gel'man, Vladimir, ed. Studies in Contemporary Russia : Authoritarian Modernization in Russia : Ideas, Institutions, and Policies. Milton, GB: Routledge, 2016. ProQuest ebrary. Web. 1 September 2016. Copyright © 2016. Routledge. All rights reserved. Gel'man, Vladimir, ed. Studies in Contemporary Russia : Authoritarian Modernization in Russia : Ideas, Institutions, and Policies. Milton, GB: Routledge, 2016. ProQuest ebrary. Web. 1 September 2016. Copyright © 2016. Routledge. All rights reserved. Gel'man, Vladimir, ed. Studies in Contemporary Russia : Authoritarian Modernization in Russia : Ideas, Institutions, and Policies. Milton, GB: Routledge, 2016. ProQuest ebrary. Web. 1 September 2016. Copyright © 2016. Routledge. All rights reserved. Gel'man, Vladimir, ed. Studies in Contemporary Russia : Authoritarian Modernization in Russia : Ideas, Institutions, and Policies. Milton, GB: Routledge, 2016. ProQuest ebrary. Web. 1 September 2016. Copyright © 2016. Routledge. All rights reserved. Gel'man, Vladimir, ed. Studies in Contemporary Russia : Authoritarian Modernization in Russia : Ideas, Institutions, and Policies. Milton, GB: Routledge, 2016. ProQuest ebrary. Web. 1 September 2016. Copyright © 2016. Routledge. All rights reserved. Gel'man, Vladimir, ed. Studies in Contemporary Russia : Authoritarian Modernization in Russia : Ideas, Institutions, and Policies. Milton, GB: Routledge, 2016. ProQuest ebrary. Web. 1 September 2016. Copyright © 2016. Routledge. All rights reserved. Gel'man, Vladimir, ed. Studies in Contemporary Russia : Authoritarian Modernization in Russia : Ideas, Institutions, and Policies. Milton, GB: Routledge, 2016. ProQuest ebrary. Web. 1 September 2016. Copyright © 2016. Routledge. All rights reserved. Gel'man, Vladimir, ed. Studies in Contemporary Russia : Authoritarian Modernization in Russia : Ideas, Institutions, and Policies. Milton, GB: Routledge, 2016. ProQuest ebrary. Web. 1 September 2016. Copyright © 2016. Routledge. All rights reserved. Gel'man, Vladimir, ed.
    [Show full text]
  • The Unified Social Tax and Its Impact on Social Policy in Putin's Russia Nies, Susanne; Walcher, Gesa
    www.ssoar.info The unified social tax and its impact on social policy in Putin's Russia Nies, Susanne; Walcher, Gesa Arbeitspapier / working paper Empfohlene Zitierung / Suggested Citation: Nies, S., & Walcher, G. (2002). The unified social tax and its impact on social policy in Putin's Russia. (Arbeitspapiere und Materialien / Forschungsstelle Osteuropa an der Universität Bremen, 34). Bremen: Forschungsstelle Osteuropa an der Universität Bremen. https://nbn-resolving.org/urn:nbn:de:0168-ssoar-437532 Nutzungsbedingungen: Terms of use: Dieser Text wird unter einer Deposit-Lizenz (Keine This document is made available under Deposit Licence (No Weiterverbreitung - keine Bearbeitung) zur Verfügung gestellt. Redistribution - no modifications). We grant a non-exclusive, non- Gewährt wird ein nicht exklusives, nicht übertragbares, transferable, individual and limited right to using this document. persönliches und beschränktes Recht auf Nutzung dieses This document is solely intended for your personal, non- Dokuments. Dieses Dokument ist ausschließlich für commercial use. All of the copies of this documents must retain den persönlichen, nicht-kommerziellen Gebrauch bestimmt. all copyright information and other information regarding legal Auf sämtlichen Kopien dieses Dokuments müssen alle protection. You are not allowed to alter this document in any Urheberrechtshinweise und sonstigen Hinweise auf gesetzlichen way, to copy it for public or commercial purposes, to exhibit the Schutz beibehalten werden. Sie dürfen dieses Dokument document in public, to perform, distribute or otherwise use the nicht in irgendeiner Weise abändern, noch dürfen Sie document in public. dieses Dokument für öffentliche oder kommerzielle Zwecke By using this particular document, you accept the above-stated vervielfältigen, öffentlich ausstellen, aufführen, vertreiben oder conditions of use.
    [Show full text]
  • School of Autocracy: Pensions and Labour Reforms of the First Putin Administration
    Ivan Grigoriev, Anna A. Dekalchuk SCHOOL OF AUTOCRACY: PENSIONS AND LABOUR REFORMS OF THE FIRST PUTIN ADMINISTRATION BASIC RESEARCH PROGRAM WORKING PAPERS SERIES: POLITICAL SCIENCE WP BRP 24/PS/2015 This Working Paper is an output of a research project implemented at the National Research University Higher School of Economics (HSE). Any opinions or claims contained in this Working Paper do not necessarily reflect the views of HSE Ivan Grigoriev1, Anna A. Dekalchuk2 SCHOOL OF AUTOCRACY: PENSIONS AND LABOUR REFORMS OF THE FIRST PUTIN ADMINISTRATION3 The early 2000s marked a surge in uncertainty in Russian politics caused by the succession crisis and the profound political turnover it triggered. This uncertainty could resolve in a number of ways, each leading to a different political development. We trace the actual way out of this uncertainty and suggest that the major factor to condition the further regime trajectory was the way reforms were conducted. The article questions the teleological approach that sees government as knowingly and purposefully building autocracy, and contributes to the tradition emphasizing the plurality of possible regime developments (Golosov 2011) and the role of contingency therein (Hale 2004) by providing a more systematic treatment of such contingency. We use insights from basic coordination game theory and cognitive institutionalism to show how local reform practices become accepted as a trusted way of interaction by political actors and stick with the regime in a path dependent manner. This intuition is substantiated with a case- study of pensions and labour reforms. Course of these reforms determined the major features of the Putin regime, such as building up a single party of power, crowding out the political market, opposition decay, and informal institutionalisation.
    [Show full text]
  • Das Social Kapital : Institutions and Entrepreneurial
    DAS SOCIAL KAPITAL INSTITUTIONS AND ENTREPRENUERIAL NETWORKS IN RUSSIA’S EXIT FROM SOCIALISM Promotor: Prof. dr. ir. Niels G. Röling Hoogleraar in de Kennissystemen in ontwikkelingslanden Wageningen Universiteit Samenstelling promotiecommissie: Prof. dr. ir. Jan Douwe van der Ploeg, Wageningen Universiteit Prof. dr. Henk Flap, Universiteit Utrecht Dr. ir. Niek B.J. Koning, Wageningen Universiteit Prof. Jean-Philippe Platteau, Université de Namur, Belgique Dit onderzoek is uitgevoerd binnen de onderzoeksschool MGS. DAS SOCIAL KAPITAL INSTITUTIONS AND ENTREPRENEURIAL NETWORKS IN RUSSIA’S EXIT FROM SOCIALISM David William O’Brien Proefschrift ter verkrijging van de graad van doctor op gezag van de rector magnificus van Wageningen Universiteit, Prof. dr. M.J. Kropff, in het openbaar te verdedigen op maandag 2 oktober 2006 des namiddags te vier uur in de Aula. O’Brien, David William Das Social Kapital: Institutions and Entrepreneurial Networks in Russia’s Exit from Socialism PhD thesis Wageningen University ISBN: 90-8504-489-8 © Copyright, David O’Brien, 2006 All rights reserved. The material in this work is copyrighted. No part of this work may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or inclusion in any information storage and retrieval system, without the prior written permission. FOREWORD Within hours of arriving in Moscow on my first trip, a seasoned officer of the Canadian diplomatic corps met me. He had arranged to brief me on what I should know as the Director of the Yeltsin Democracy Fellowship Program. I would be spending the next four years directing Canada’s first large-scale technical assistance program in Russia.
    [Show full text]