Вредит ли приватизация рабочим? Результаты анализа представительных панельных данных по промышленным предприятиям в Венгрии, Румынии, России, Украине
The paper discusses how the russian labor market has been evolving over two decades of the transition. it starts with tracing key labor market indicators such as employment, unemployment, labor force participation, working hours, and real wages. Their dynamics indicate that the labor market tends to operate in a non-conventional fashion and far from the patterns expected initially. The authors argue that the current russian labor market represents a peculiar model that is different from what is observed in the rest of europe outside of the cis. having established this, they look at the institutional foundations that make this unconventional performance possible and proceed with discussing political economy and welfare implications. The findings are compared with the experience of other post-socialist countries.
One of the great successes of the law and economics movement has been the use of economic models to explain the structure and function of broad areas of law. The original contributions to this volume epitomize that tradition, offering state-of-the-art research on the many facets of economic modeling in law. The contributors employ a variety of economic methodologies to explore a wide range of topics, including torts, contracts, property, crime, employment, the environment, and legal procedure. This depth and breadth of scholarship reflect the continuing vitality of the economic approach to law, offering an illuminating look into the future of the field and providing inspiration and guidance for the next generation of theorists. This timely volume will appeal to students, professors and researchers in both law and economics, particularly those with an interest in the theoretical and practical intersections of the two fields.
This book is about twenty-year's experience of privatization in different countries including Russia. The book also includes sestematozation of academic views at the problems of state failures and effectiveness of the state owership.
We review the transition of the Russian banking sector focusing on the interplay between ownership change and institutional change. We find that the state's withdrawal from commercial banking has been inconsistent and limited in scope. To this day, core banks have yet to be privatized and the state has made a comeback as owner of the dominant market participants. We also look at the new institutions imported into Russia to regulate banking and finance, including rule of law, competition, deposit insurance, confidentiality, bankruptcy, and corporate governance. The unfortunate combination of this new institutional overlay and traditional local norms of behavior have brought Russia to an impasse - the banking sector's ownership structure hinders further advancement of market institutions. Indeed, we may now be witnessing is a retreat from the original market-based goals of transition.
Polish model of system transformation and its flexible approach to privatization of state-owned enterprises appeared to be successful. While the vast majority of East European countries as well as Russia suffered a GDP contraction, Poland goes on ahead, though at a slower pace. The article analyses concepts and mechanisms of privatization in Poland, reveals its strong points and opportunities which may provide Russian decision-makers with a necessary insight to develop strategies under Russian reality.
In order to remain competitive, firms need to keep the quantity and composition of jobs close to optimal for their given output. Since the beginning of the transition period, Russian industrial firms have been widely reporting that the quantity and composition of hired labour is far from being optimal. This paper discusses what kinds of firms in the Russian manufacturing sector are unable to optimize their employment and why. The main conclusion is that the key issue is an excess of nonviable firms and a shortage of highly efficient firms because of weak selection mechanisms. The main solution is seen to be the creation of institutional conditions that stimulate a more efficient reallocation of labour. The analysis presented in this chapter is based on data from a large-scale survey of Russian manufacturing firms.
In this paper the public-private wage gap is estimated by means both of the OLS and the quantile regression, which will provide a more complex picture of the distribution of the public-private sector wage gap. The author finds the existence of significant public-private wage gap (about 30%) considering both observable and unobservable characteristics of workers and jobs. Using the decomposition based on quantile regression helps to answer the question about the nature of the wage differences. The author comes to the conclusion that the main reason for the gap is the institutional mechanisms of public sector wages in Russia. The analysis is based on the data from Russian Longitudinal Monitoring Survey (RLMS-HSE) 2000-2010.
The monograph is devoted to the assessment of population health indicators and comprehensive analysis of the factors influencing on the health of indigenous people of Russian North.
In the article the international experience of management of employment in the public sector is shown, corresponding numerical calculations are given, the thought on possibility of its use in Russia is stated. The author believes that transfer of some functions into outsourcing in frameworks of the policy of the new public management (NPM) can be one of directions of perfection of the management of employment efficiency and payment in the public sector. Simultaneously he expresses his conviction that reduction of the number of the occupied should not be mechanical, but the thought over and gradual process assuming simultaneous increase of efficiency of activity in the sphere of the public management.
The paper explores the outcomes of Russian Federation G20 Presidency in 2013. The analysis is based on the model of balancing external conditions and national priorities for developing an agenda in informal institutions (supply-demand model). This analytical paradigm allows to reveal to what extent the Presidency has managed to ensure: 1) a high level of response to the key global governance challenges in the agenda and summit decisions; 2) a balance between national and other members’ interests in the Presidency priorities; 3) utilizing the institution’s capabilities; 4) conformity of the role chosen by the Presidency (organizer, mediator, political leader, national representative) to the combination of external and internal conditions.
Russia took over the responsibility for coordinating the G20 work from Mexico, accepting the rotating presidency of this premier forum for economic cooperation on December 1, 2012. The G20 met the fifth year of its work under conditions of a two speed recovery which by March 2013 transformed into a three speed recovery. Unsteady and sluggish growth, persisting imbalances and downside global economy risks demanded that this forum of the world largest economies concentrate the efforts on developing a set of measures aimed at boosting sustainable, inclusive and balanced growth and jobs creation around the world. These priorities constituted the core of the Russian G20 presidency concept, aimed at ensuring sustainable global growth and rebuilding of trust between the world economy different agents in accordance with the G20 mission and capability.
Consolidating efforts on its core economic and financial priorities, the G20 also launched collaboration to overcome such risks as increasing income disparities, chronic underinvestment into development of safe, secure and modern infrastructure, unforeseen consequences of regulation.
The analysis findings reveal that the Russian presidency managed to ensure a good balance of national interests and the partners’ prioritiesin the G20 agenda; utilizing the G20 capabilities to respond to the key global governance challenges. The choice of the presidency role depended on the nature of the issues and was defined by a combination of internal and external conditions. Thus, the acuteness of the problem for all summit participants determined demand for leadership in including into the economic forum agenda the debate on a peaceful resolution of the conflict in Syria. On employment and social policies the Russian presidency combining the roles of an organizer and a political leader helped upgrade the G20 dialogue to a new quality level.
A major success factor in deliberation and adoption of the comprehensive action plan on base erosion and profit shifting was the OECD capability to take responsibility for the plan development. With the OECD leadership, solid experts’ foundation, and a high level of relevance of the problem for all members, the presidency supported the process as the organizer.
On the topic of stimulating long-term investment, a priority for Russia as well as most of the G20 partners, the presidency managed to consolidate the efforts of several international institutions over a short period. On this priority, as well as on the financial regulation reform, the presidency acted as a representative of the national interests and an organizer. In developing the new development strategy the choice in favor of a combination of a mediator and an organizer proved most productive. As a result the G20 agreed a new cooperation for development outlook.
The presidency active collaboration with the international organizations and engagement with social partners was instrumental in harnessing their experts’ potential and enhancing the G20 transparency, legitimacy and effectiveness. The G20 institutions consolidation continued through development of new coordination mechanisms and strengthening accountability.
Under the Russian presidency the G20 reaffirmed its value as the premier economic cooperation forum. Emphasizing restoring strong and inclusive growth and employment while ensuring fiscal sustainability, the leaders for the first time in the history of the G20 stressed that the well-being of individual people should be at the center of the growth agenda. This consequential outcome of the five years collaboration might be a start of a new G20 agenda where inclusiveness is one of the pillars of growth.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The results of cross-cultural research of implicit theories of innovativeness among students and teachers, representatives of three ethnocultural groups: Russians, the people of the North Caucasus (Chechens and Ingushs) and Tuvinians (N=804) are presented. Intergroup differences in implicit theories of innovativeness are revealed: the ‘individual’ theories of innovativeness prevail among Russians and among the students, the ‘social’ theories of innovativeness are more expressed among respondents from the North Caucasus, Tuva and among the teachers. Using the structural equations modeling the universal model of values impact on implicit theories of innovativeness and attitudes towards innovations is constructed. Values of the Openness to changes and individual theories of innovativeness promote the positive relation to innovations. Results of research have shown that implicit theories of innovativeness differ in different cultures, and values make different impact on the attitudes towards innovations and innovative experience in different cultures.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.