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2023 | OriginalPaper | Buchkapitel

5. Constitutional Foundations of the Post-communist Russian Economy and the Role of the State

verfasst von : Christopher A. Hartwell

Erschienen in: The Contemporary Russian Economy

Verlag: Springer International Publishing

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Excerpt

  • The legal basis of the market economy in Russia is the 1993 Constitution and the 1995 Civil Code.
  • Both documents have been amended since being originally introduced to reflect political changes in the country.
  • In most instances, the original strong legal protections have been watered down to make room for political decisions.
  • The changes in Russia’s legal regime regarding the market economy have, thus, allowed for much more room for state intervention than were desired by reformers in the early 1990s.

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Fußnoten
1
Polish economist and former Finance Minister Leszek Balcerowicz called this time after a crisis or during a transition, ‘extraordinary politics’ (Balcerowicz, 1995) where there is only a small window to get transformative reforms passed.
 
2
The ICRG is put out by the PRS Group in its International Country Risk Guide Annual Publication. All variable definitions are available at: https://​epub.​prsgroup.​com/​list-of-all-variable-definitions.
 
3
Based on numbers from the Ministry of Finance of the Russian Federation (https://minfin.gov.ru/en/statistics/fedbud/?id_65=119255-annual_report_on_execution_of_the_federal_budget_starting_from_january_1_2006).
 
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Metadaten
Titel
Constitutional Foundations of the Post-communist Russian Economy and the Role of the State
verfasst von
Christopher A. Hartwell
Copyright-Jahr
2023
DOI
https://doi.org/10.1007/978-3-031-17382-0_5

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