Dividing the spoils : pensions, privatization and reform in Russia's transition /

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Bibliographic Details
Author / Creator:Kapstein, Ethan B.
Imprint:Washington, DC : World Bank, Development Research Group, Poverty and Human Resources, [2000]
Description:29 p. : ill. ; 28 cm.
Language:English
Series:Policy research working paper ; 2292
Policy research working papers ; 2292.
Subject:
Format: E-Resource Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/4222438
Hidden Bibliographic Details
Other authors / contributors:Milanović, Branko.
World Bank. Development Research Group. Poverty and Human Resources.
Notes:"February 2000"--Cover.
Includes bibliographical references.
Also available on the World Wide Web.
Summary:The gains from the transition in post-communist Russia were captured by the new managerial class, which won rents from the state in the form of privatized enterprises, state subsidies, credits, and opportunities for tax evasion. Those rents reduced state revenues that could have supported social policy-- including pension reform, which in turn could have fueled industrial restructuring. With neither pension reform nor industrial restructuring, Russia's economy has continued to shrink.

Mansueto

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Call Number: HG3879.P6 no.2292
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