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From social liberalism towards the philosophy of collaboration

Polterovich, Victor - Volkswirtschaftliche Fakultät, … - 2015

governance as well as economic and political competition, whereas the role of collaboration mechanisms is growing. This process … collaboration and compromise. The cultural transformation creates new institutions and, the same time, is supported by them. Thereby … the state - the market, a more general view - the philosophy of collaboration (collaborativism) is suggested. …

Persistent link: https://www.econbiz.de/10011245928

Economic Science and Economic Education in Russia: The Problem of Integration

Polterovich, Victor; Fridman, Alexander - Volkswirtschaftliche Fakultät, … - 1998

We analyze the state of both economic science and economic education in Russia. The proposed approach to their …

Persistent link: https://www.econbiz.de/10008587852

Институциональный эксперимент

Polterovich, Victor - Volkswirtschaftliche Fakultät, … - 2013

I discuss goals of institutional experimentation as well as obstacles for its realization. The special attention is given to regional experiments. Institutional experiment reduces transformation costs, in particular, by diminishing probability of formation of erroneous reforms trap. The analyses...

Persistent link: https://www.econbiz.de/10011258635

Проектирование реформ: как искать промежуточные институты (Proektirovanie reform: kak iskat' promezhutochnye instituty)

Polterovich, Victor - Volkswirtschaftliche Fakultät, … - 2012

It is a typical case in the practice of reforms, when a reformer, who seeks to introduce an institution with desired properties, discovers that its immediate implementation is impossible because of resource, technological, cultural, political or institutional constraints. In this case, one has...

Persistent link: https://www.econbiz.de/10011260534

Приватизация и рациональная структура собственности (Privatizatsiya i ratsional’naya struktura sobstvennosti)

Polterovich, Victor - Volkswirtschaftliche Fakultät, … - 2012

The costs and benefits of privatization are considered, focusing on the current Russian conditions. The experience of many countries, as well as econometric and theoretical studies, a review of which is given in the paper, show that relative efficiency of privatized enterprises in comparison...

Persistent link: https://www.econbiz.de/10011261032

Institutional Reform Design: А New Chapter of Economics

Polterovich, Victor - Volkswirtschaftliche Fakultät, … - 2014

In this paper I argue that the Theory of Reform may be considered as a comparatively new but intensively forming chapter of Economics. In spite of great variety of concrete reforms, the problem of institutional reforming admits general formulation and general approaches of solving it. I discuss...

Persistent link: https://www.econbiz.de/10011113637

Institutional Trap

Polterovich, Victor - Volkswirtschaftliche Fakultät, … - 2007

One of the main obstacles for successful economic development is the formation of institutional traps, inefficient yet stable norms of behaviour. Domination of barter exchange, arrears, corruption and black market activities are examples of institutional traps that have hampered reforms in...

Persistent link: https://www.econbiz.de/10008596422

Экономическая политика, качество институтов и механизмы "ресурсного проклятия"

Polterovich, Victor; Popov, Vladimir; Tonis, Alexander - Volkswirtschaftliche Fakultät, … - 2007

Sachs, Warner (1995) were among the first to claim that «resource curse» is real and that resource abundant economies do indeed grow more slowly than the others. Hundreds of papers were published since then supporting the «resource curse» thesis and offering new explanations of mechanisms...

Persistent link: https://www.econbiz.de/10008560976

Institutional Traps and Transition

Polterovich, Victor - Volkswirtschaftliche Fakultät, … - 1999

Two myths have harmed many economies throughout the world. One is the theory of absolute advantage of central planning over the market mechanism, and the other is the belief that efficient markets develop spontaneously and quickly enough if appropriate economic legislation is established....

Persistent link: https://www.econbiz.de/10008561156

Accumulation of Foreign Exchange Reserves and Long Term Growth

Polterovich, Victor; Popov, Vladimir - Volkswirtschaftliche Fakultät, … - 2003

Cross-country regressions, reported in this paper for 1960-99 period, seem to suggest that the accumulation of foreign exchange reserves (FER) contributes to economic growth of a developing economy by increasing both the investment/GDP ratio and capital productivity. We offer the following...

Persistent link: https://www.econbiz.de/10008543507