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State Capitalism Reforms and the Path for Belarus

State Capitalism Reforms and the Path for Belarus
Author: Kiryl Rudy
Publisher: Cambridge Scholars Publishing
Total Pages: 141
Release: 2020-10-12
Genre: Business & Economics
ISBN: 1527560554

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This book is an insightful study of the transition economy, using the little-known case of Belarus, a country “trapped in transition” for almost three decades. The model of state capitalism, so widely internationally known, has different specific roots, metrics and instruments in Belarus. The book outlines several pitfalls facing by the Belarusian economy, all of which lead to long-term economic recession in Belarus.


Financial Diet

Financial Diet
Author: Kiryl Rudy
Publisher:
Total Pages: 178
Release: 2016
Genre: Belarus
ISBN: 9789857097418

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State Capitalism in Belarus

State Capitalism in Belarus
Author: Kiryl Rudy
Publisher:
Total Pages: 0
Release: 2020
Genre: Electronic books
ISBN:

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Belarus,Äô economic model looked rather successful in the late 1990s and in the 2000s with its economic growth above 7% per year. But during the last decade, Belarusian annual economic growth has fallen at the average level around 1% per year. This chapter reveals the rarely known case of state capitalism in this post-Soviet country with its specific indicators, and instruments behind economic anemia. It also outlines several traps on the way of Belarusian economic growth: ,Äúdebt trap,,Äù ,Äúmiddle-income trap,,Äù ,Äúsocial burden trap,,Äù ,Äúresource curse trap,,Äù ,Äúconflict neighbors trap,,Äù and ,Äúforceful pressure trap.,Äù These pitfalls lead to the long-term economic slowdown in the Republic of Belarus. The consequences of such economic anemia bring to another discussion about the role of public values in support of state capitalism in Belarus.


The Political Economy of Emerging Markets and Alternative Development Paths

The Political Economy of Emerging Markets and Alternative Development Paths
Author: Judit Ricz
Publisher: Springer Nature
Total Pages: 349
Release: 2023-02-17
Genre: Political Science
ISBN: 3031207025

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This volume is the continuation of our research on economic and developmental policy-making in the global semi-periphery in the post-crisis cycle (see our two recently published volumes titled ‘Market-Liberalism and Economic Patriotism in Capitalist Systems’ edited by Gerőcs and Szanyi, 2019, Palgrave Macmillan and ‘The Post-Crisis Developmental State – Perspectives from the Global Periphery’ edited by Gerőcs and Ricz, 2021). Our new volume aims to be a contribution to the analysis of emerging market economies’ alternative development trajectories, as we explore the new perspectives on semi-peripheral dependent development since the Global Financial Crisis and especially amidst the new global pandemic, the COVID-19. The scope of comparative capitalism research has also been altered accordingly to include the analysis of emerging economies outside the core of the world system, and to make intertemporal comparisons possible (such as to define and characterise historical waves of state capitalism). Still, we are convinced that to better understand the current wave of state capitalism and to explore its national varieties there is a need to critically reconsider existing theoretical approaches and methodologies, and to search for new ones, if necessary. This book aims to be a contribution to the analysis of emerging market economies' alternative development trajectories and explores new perspectives on semi-peripheral dependent development, especially amidst COVID-19.


A Look at China and Sino-Belarus Cooperation

A Look at China and Sino-Belarus Cooperation
Author: Kiryl Rudy
Publisher: Cambridge Scholars Publishing
Total Pages: 242
Release: 2021-01-08
Genre: Business & Economics
ISBN: 1527564347

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This book is simultaneously a scientific study, a practical guide and diplomatic memoir about the new era in China’s development, which began in 2013 with Xi Jinping coming to power. It explores the modern Chinese experience of the political centralization of power, the fight against corruption, strengthening the country’s defense system, reinforcing the country’s diplomacy, the political rapprochement between China and Russia, and exacerbation of relations with the United States. It also considers issues of China’s adjusting its policy of reforms and its openness to a new era, transforming inefficient state-owned enterprises, building an IT-focused country, and overcoming phobias in the construction of the “Belt and Road” initiative related to the “debt trap” and the “trade deficit”, as well as the role of the Huawei Corporation. A separate section of the book is devoted to Belarus-China relations, exploring the reasons for the political rapprochement between these two very different countries.


Russia's Crony Capitalism

Russia's Crony Capitalism
Author: Anders Aslund
Publisher: Yale University Press
Total Pages: 336
Release: 2019-05-23
Genre: History
ISBN: 030024486X

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A penetrating look into the extreme plutocracy Vladimir Putin has created and its implications for Russia’s future This insightful study explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from the KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism. Much of this wealth has been hidden in offshore havens in the United States and the United Kingdom, where companies with anonymous owners and black money transfers are allowed to thrive. Though beneficial to a select few, this system has left Russia’s economy in untenable stagnation, which Putin has tried to mask through military might.


Public Sector Crisis Management

Public Sector Crisis Management
Author: Alexander Rozanov
Publisher: BoD – Books on Demand
Total Pages: 176
Release: 2020-10-28
Genre: Social Science
ISBN: 1838809813

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The term “crisis management” was applied to business only after the publication of the monograph “Crisis Management: Planning for the Inevitable” by Steven Fink in 1986. Since then, this term has turned from a journalistic cliche into a scientific concept, and its concept, theory, and methodology have been further developed.It is the turning point in the meaning of the word “crisis” that indicates the possibility of changing the situation by making decisions that contribute to changing the vector of development of events from destruction to recovery and further development. From the above, the general definition of the term “crisis management” follows as a process of saving the system from its destructive effects. The activity of the crisis manager is always temporary and stops as a result of a favorable overcoming of the crisis or vice versa—the destruction of the system. Therefore, the criterion for the success of a manager in emergency crisis management is effectiveness as an absolute measure of the presence or absence of a result—it either exists or does not exist.


Stubborn Structures

Stubborn Structures
Author: Bálint Magyar
Publisher: Central European University Press
Total Pages: 713
Release: 2019-04-10
Genre: Political Science
ISBN: 9633862159

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The editor of this book has brought together contributions designed to capture the essence of post-communist politics in East-Central Europe and Eurasia. Rather than on the surface structures of nominal democracies, the nineteen essays focus on the informal, often intentionally hidden, disguised and illicit understandings and arrangements that penetrate formal institutions. These phenomena often escape even the best-trained outside observers, familiar with the concepts of established democracies. Contributors to this book share the view that understanding post-communist politics is best served by a framework that builds from the ground up, proceeding from a fundamental social context. The book aims at facilitating a lexical convergence; in the absence of a robust vocabulary for describing and discussing these often highly complex informal phenomena, the authors wish to advance a new terminology of post-communist regimes. Instead of a finite dictionary, a kind of conceptual cornucopia is offered. The resulting variety reflects a larger harmony of purpose that can significantly expand the understanding the “real politics” of post-communist regimes. Countries analyzed from a variety of aspects, comparatively or as single case studies, include Azerbaijan, Belarus, Georgia, Hungary, Kyrgyzstan, Moldova, Poland, Romania, Russia, and Ukraine.


Belarus in the Twenty-First Century

Belarus in the Twenty-First Century
Author: Elena A. Korosteleva
Publisher: Taylor & Francis
Total Pages: 237
Release: 2023-05-12
Genre: Social Science
ISBN: 1000883167

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This book presents a comprehensive overview of current developments in Belarus. It explores how there has been an upswelling of popular support for the idea that Belarus must change. It highlights how the old regime, aiming to retain the Soviet legacy, reluctant to reform, presiding over worsening economic conditions and refusing to take measures to cope with the Covid-19 pandemic, has been confronted by increasing bottom-up social mobilisation which demands a transformation of state-society relations and a new sense of Belarusian peoplehood. The book outlines how the current situation has developed, considers how the present demands for change are deep seated and long brewing trends, and reveals much detail about many aspects of the growing societal mobilisation. Overall, the book demonstrates that, although the old regime remains in power, Belarusian society has changed fundamentally, thereby bringing great hope that change will eventually come about.


The State Strikes Back

The State Strikes Back
Author: Nicholas R. Lardy
Publisher: Peterson Institute for International Economics
Total Pages: 258
Release: 2019-01-01
Genre: Business & Economics
ISBN: 0881327387

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China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.