Bear Traps on Russia's Road to Modernization ― Pitfalls and Bear Traps
Bear Traps on Russia's Road to Modernization ― Pitfalls and Bear Traps
  • 定  價:NT$1559元
  • 優惠價: 91403
  • 可得紅利積點:42 點
  • 庫存: 無庫存,下單後進貨(採購期約45個工作天)
  • 加入購物車
分享:
商品介紹
  • 商品簡介
  • 作者簡介
  • Bear Traps examines Russia’s longer term economic growth prospects. It argues that Russia’s growth challenges are conventionally misdiagnosed and examines the reasons why: a spatial misallocation that imposes excess costs on production and investment; distortions to human capital; an excessively high relative price of investment that serves as a tax on physical capital accumulation; and an economic mechanism that inhibits adjustments that would correct the misallocation. Bear Traps explains why Soviet legacies still constrain economic growth and outlines a feasible policy path that could remove these obstacles.

    The most popular proposals for Russian economic reform today — diversification, innovation, modernization — are misguided. They are based on a faulty diagnosis of the country’s ills, because they ignore a simple reality: Russia’s capital, both physical and human, is systematically overvalued, owing to a failure to account for the handicap imposed by geography and location. Part of the handicap is an unavoidable consequence of Russia’s size and cold climate. But another part is self-inflicted. Soviet policies placed far too much economic activity in cold, remote locations. Specific institutions in today’s Russia, notably its federalist structure, help preserve the Soviet spatial legacy. As a result, capital remains handicapped.

    Investments made to compensate for the handicaps of cold and distance should properly be treated as costs. Instead, they are considered net additions to capital. When returns to what appear to be large quantities of physical and human capital fail to satisfy expectations, the blame naturally goes to poor institutions, corruption, backward technology, and so on. Policy proceeds along the wrong path, with costly programs that can end up doing more damage than good. The authors insist that the goal should be to seek to remove the handicaps rather than to spend to compensate for them. They discuss how Russia could develop a modernization program that would let the nation finally focus on its economic advantages, not its handicaps.

  • 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.

    本週66折

      • 全彩圖解國學經典
      • 優惠價:297元
      • 海客述奇:中國人眼中的維多利亞科學
      • 優惠價:92元
      • 跟誰聊天都盡興:不失言、不失禮、不失落的魅力說話術
      • 優惠價:158元
      • 抗暖化,我也可以:氣候變遷與永續發展
      • 優惠價:251元
      • 我有預感,明日陽光燦爛(簡體書)
      • 優惠價:139元
      • 領導與管理5大祕密:如何創造一支勝利的團隊(修訂二版)
      • 優惠價:205元
      • 大業風雲:隋唐之際的英雄們
      • 優惠價:297元
      • 與時間賽跑:擺脫瞎忙的40個法則
      • 優惠價:158元
      • 英語大考驗
      • 優惠價:86元
      • 誰在搞飛機:黑五機長瘋狂詹姆士的苦勞奴記
      • 優惠價:211元

    推薦書展
    公司簡介服務條款隱私權政策異業合作人才招募圖書館採購/編目三民禮券兌換處好站連結三民‧東大‧弘雅目錄古籍‧古典目錄