Accession Number:

ADA456371

Title:

Russia's Economy: Signs of Progress and Retreat on the Transitional Road

Descriptive Note:

Monograph

Corporate Author:

RAND NATIONAL DEFENSE RESEARCH INST SANTA MONICA CA

Personal Author(s):

Report Date:

2006-01-01

Pagination or Media Count:

75.0

Abstract:

Of the numerous economies considered to be transitional, Russia--with a gross domestic product GDP about one-fifth that of China, but a per capita product twice that of China--has the second largest. Exactly where the Russian economy lies in the market-oriented gamut of transitioning economies, however, is not yet clear between, say, Cuba, Belarus, Uzbekistan, and Vietnam at one end, and some of the Balkan and central European states and China at the other end Also unclear, and probably more important, is the pace of the Russian economys transition and whether it is headed forward, toward market-oriented, decentralized resource allocation backward, toward centralized, state-controlled allocation or is, instead, oscillating between these two. These issues are controversial and vigorously debated within Russia. Our study focused on four questions whose answers shed light on some of the ambiguities surrounding Russias status as a transitional economy 1. How much of Russias relatively strong, yet varying, economic growth is attributable to oil and natural gas prices, production, and exports 2. To what extent have other institutional and structural changes such as the growth of private enterprise and marketization affected Russias economic growth and its prospects 3. What have been the scope and composition of Russias economic transactions with several of its trading partners, specifically the Central Asian states Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan, and Kyrgyzstan, the proliferation-risk countries Iran and North Korea, and China 4. How has the economys transition affected Russias defense spending, defense industry, and arms export

Subject Categories:

  • Economics and Cost Analysis
  • Geography

Distribution Statement:

APPROVED FOR PUBLIC RELEASE