Bear Traps on Russia''s Road to Modernization - PITFALLS AND BEAR TRAPS

If sustainable growth is a key goal for the economy of every nation, its desirability is perhaps even more acute in Russia. Even President Medvedev argues that the country's heavy reliance on natural resources makes it primitive and uncompetitive, calling for innovation and diversification. Having analyzed the particular tenets of the economy that restrict sustainable growth, the authors argue that Russia should take advantage of its resources but move non-resource industries into regions that are closer to the market.

List of contents

Introduction 1. Historical Prelude 2. Investment and Physical Capital 3. The Economics of Location 4. Market-Impeding Federalism 5. Human Capital 6. Conclusion

About the author

Clifford G. Gaddy is Senior Fellow, Foreign Policy, Global Economy and Development in the Center on the United States and Europe at the Brookings Institution, USA.
Barry Ickes is Professor in the Department of Economics at Pennsylvania State University, USA.

Product details

• Authors: Clifford Gaddy, Clifford G Gaddy, Clifford Ickes Gaddy, Barry Ickes
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 09.05.2013
• EAN: 9780415662758
• ISBN: 978-0-415-66275-8
• No. of pages: 142
• Subjects: Social sciences, law, business > Business > Economics; BUSINESS & ECONOMICS / Development / Sustainable Development, Business & Economics / General, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Economics / Comparative, macroeconomics, Environmental Economics, Regional Studies, Environmental Management, Regional / International studies, Regional Geography, Development economics & emerging economies, Development economics and emerging economies, BUSINESS & ECONOMICS / International / Economics & Trade