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

Author: Ethan B Kapstein; Branko Milanović; World Bank. Development Research Group. Poverty and Human Resources.
Publisher: Washington, DC : World Bank, Development Research Group, Poverty and Human Resources, [2000]
Series: Policy research working papers, 2292.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
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  Read more...
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Additional Physical Format: Print version:
Kapstein, Ethan B.
Dividing the spoils.
Washington, DC : World Bank, Development Research Group, Poverty and Human Resources, [2000]
(OCoLC)43603880
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Ethan B Kapstein; Branko Milanović; World Bank. Development Research Group. Poverty and Human Resources.
OCLC Number: 647606947
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (29 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Policy research working papers, 2292.
Responsibility: Ethan B. Kapstein and Branko Milanovic.

Abstract:

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.

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