Abstract
The paper analyzes the impact of institutional changes on the dynamics of economic growth in Russian agriculture. The authors identified six specific periods of the development of Russian agriculture (1952–1958; 1959–1970; 1971–1981; 1982–1990; 1991–1998; 1999–present), associated with qualitative changes in institutions and affecting the economic dynamics of the industry. The violation in combining dominant and complementary institutions throughout the studied period is considered as the main mistake in building an institutional environment that causes stagnation and a decline in agriculture. The necessary changes are highlighted in the existing institutes of market and state regulation in Russia, which allow achieving sustainable economic growth in the agricultural sector.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
