Incentives & Institutions - The Transition to a Market Economy in Russia

Preface vii Introduction 3(16) PART I: THE POLITICAL ECONOMY OF THE SOCIALIST STATE CONCEPT, IMPLEMENTATION, DECAY 19(84) The Planned Economy Revisited 21(28) A Model of Innovation and the Planned Economy 49(25) Incentives and Producer's Behavior 74(29) PART II: THE POLITICAL ECONOMY OF SPONTANEOUS TRANSITION INSIDERS' MARKETS AND THE PROBLEM OF ECONOMIC EFFICIENCY 103(84) Path Dependence and the ``Washington Consensus'' 105(23) Incentives and Producer's Behavior in the Transition Environment 128(21) Incentives and Producer's Behavior in the Transition Environment The Decision to Switch 149(20) Pressure Groups and Oligarchic Power 169(18) PART III: THE POLITICAL ECONOMY OF A NEW SOCIAL CONTRACT MEASURES TO PROMOTE DEMOCRACY, COMPETITION, AND ECONOMIC GROWTH 187(82) Where Are We and Where Do We Want to Go? The Task and Conditions for Social Engineering in Russia 189(13) Democracy Curse or Blessing? 202(19) Institutions, Competition, and Economic Growth 221(30) Devolution of Power and the Integrity of the Government 251(18) Conclusion Can We Do Better? 265(4) References 269(6) Index 275