Abstract

The paper discusses the strategy of economic development of Russia, which has to be developed after the end of the first stage of post-communist transition – when private economy replaced the state-controlled one and stabilization has been obtained. Russia is considered as a heavy industrialized country, which has faced the challenges of post-industrial modernization in the logic of catching-up development. This makes it different from so called ‘new industrial states’ – countries that have to resolve the task of transformation of traditional (agrarian) society to industrial one. Analysis is based on the approaches of A. Gerschenkron to ‘accelerated industrialisation’ and their adjustment to post-industrial world. The author suggests a set of economic policy principles, which could ensure sustainable economic growth and stimulate structural reforms appropriate for the new challenges, that is to stimulate transformation of industrial country to post-industrial one. This is considered as a ‘policy of catching-up post-industrialization.'

Full Text
Paper version not known

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 call

Disclaimer: 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.