The Governing Establishment and Groups of Interest: The Echo of the Post-Soviet Reforms

Abstract

The article analyses the activities of the governing establishment and groups of interest during the period of post-Soviet reforms. The specifics and the peculiarities of the formation of the power vertical in different historical periods that influenced the value system of the governing establishment and interest groups are elicited in the article. The economic policy and, as a result, the emergence of the most influential interest groups are outlined based on the example of the Soviet state reforms. Special attention is given to the role of cultural and geographic factors affecting the interest groups’ behaviour strategies. The scenario of the post-Soviet market reforms in the context of creating the competition-based economy is analysed. The institutional differentiation of private and state interests is justified and substantiated for the purpose of economic development.