Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/106618
Authors: 
Dabrowska, Ewa
Zweynert, Joachim
Year of Publication: 
2014
Series/Report no.: 
IOS Working Papers 339
Abstract: 
An intense discussion is taking place in International Political Economy on the influence of economic ideas on institutional change. Case studies so far have, however, mainly focused on the Western industrialised countries and research seems to be biased towards cases in which new ideas caused lasting institutional change. The present paper addresses these two shortcomings by analysing the case of the Russian Stabilisation Fund (SF). This case is an example both of the impact of global ideas on a non-Western emerging country and of a 'near miss' in the sense that imported neo-liberal ideas failed to assert themselves enduringly. Paradoxically, it can be shown how the neo-liberally based idea of the SF even contributed to the return to Soviet patterns of industrial policy. The main reason for this, we argue, is that the Fund's implementation was not preceded by economic and political debates. Accordingly, the imported institution of the SF had to be filled with ideational content after its implementation.
Subjects: 
Ideas and institutions
institutional transfer
policy-learning
Russia
stabilisation fund
bricolage
JEL: 
B52
P28
Q33
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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