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This book analyzes the transition of Russia's agro-food sector from a centrally planned system to a market-oriented one. The chapters set out to explain the initial conditions of transition, describe the measures undertaken, survey the current situation, and offer perspectives on how best to continue with the reform. Hence, the book not only provides insights into Russia's food economy, it also gives very valuable information about the process of transition and the question: What next? Within the Russian context, the food economy is of special importance, due to the relatively high share it represents in the economy and its importance for employment. Furthermore, the privatization and the restructuring of the country's agro-food sector is one of the most controversial issues in the ongoing domestic political debate about the reform process. Russia is also important in that its reintegration into the world economy is at stake. Russia's Agro-Food Sector: Towards Truly Functioning Markets should increase the understanding of the issues causing the cumbersome implementation of reform measures and, in so doing, might provide scholars and policymakers with advice on how to improve the transition process. In fact, one of the most important lessons from the book is that markets will continue to malfunction as long as institutions are not functioning properly.
This evaluation assesses the development effectiveness of the World Bank's lending and non-lending assistance to the Russian Federation since 1991, a 10-year period of tumultuous political, economic, and social change. This report concludes that an assistance strategy, concentrating on analytical and advisory services with limited financial support for Russia, would have been more appropriate than one involving large volumes of adjustment lending.
This bibliography, first published in 1957, provides citations to North American academic literature on Europe, Central Europe, the Balkans, the Baltic States and the former Soviet Union. Organised by discipline, it covers the arts, humanities, social sciences, life sciences and technology.
Stabilization of inflation during Russia's macroeconomic crisis will be a race between the authorities' willingmess and ability to tighten monetary and fiscal policy and the adjustment of enterprises and households to existing inflation.