Bear Traps on Russia's Road to Modernization

by Clifford G. Gaddy and Barry Ickes

Book Overview

Bear Traps examines Russia's longer term economic growth prospects. It argues that Russia's growth challenges are conventionally misdiagnosed and examines the reasons why: a spatial misallocation that imposes excess costs on production and investment; distortions to human capital; an excessively high relative price of investment that serves as a tax on physical capital accumulation; and an economic mechanism that inhibits adjustments that would correct...

• Format: Paperback
• Language: English
• ISBN: 0415662761
• ISBN13: 9780415662765
• Release Date: May 2013
• Publisher: Routledge
• Length: 140 Pages
• Weight: 0.39 lbs.
• Dimensions: 0.4" x 5.3" x 8.2"