Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212568 
Authors: 
Year of Publication: 
2005
Series/Report no.: 
BOFIT Discussion Papers No. 16/2005
Publisher: 
Bank of Finland, Institute for Economies in Transition (BOFIT), Helsinki
Abstract: 
The paper looks into convergence of Russian institutions with those of other democratic, free-market-oriented states, and considers definitions of "normalcy" that incorporate the concepts of free market, democracy, and government efficiency.The author provides an estimate of Russia s institutional convergence to the standards of the G7 and the Big Five group of large, middle-income countries that includes Brazil, China, and India.In some areas Russia outperforms "Big Five" countries, in others it trails behind.Finally, public mistrust, corruption, and inefficient governance in Russia are discussed in light of the Putin administration s current reform policies.
Subjects: 
Free market
democracy
institutions
Russia
JEL: 
O57
P30
P52
Persistent Identifier of the first edition: 
ISBN: 
952-462-799-X
Document Type: 
Working Paper

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