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Paperback Bear Traps on Russia's Road to Modernization Book
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ISBN: 0415662761

ISBN13: 9780415662765

Bear Traps on Russia's Road to Modernization

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Format: Paperback

Condition: New

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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...

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Business Business & Investing Economics

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