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Regular version of the site

Aleksanteri Institute workshop “New Per­spect­ives on Rus­sia and Eurasia”

Event ended

Andrei Yakovlev will present the paper "Vari­et­ies of Cap­it­al­ism: Which Model Did Rus­sia Choose?" at the Aleksanteri Institute workshop on October 11th, 2022.

Abstract. The paper considers the concept of variety of capitalism and its evolution during the last 20 years. It shows how the focus of this theory moved from discussion of competition between liberal (LME) and coordinated (CME) market economies to the analysis of dependent market economies (DME) and later to the study of patrimonial market economies (PME) and state-permeated market economies (SME). From the point of view of this theoretical framework the paper considers the changes in the approaches to the development of a market economy in Russia. It explains why the attempts undertaken in 1990s and 2000s to introduce LME and SME in Russia failed and why the economic model formed after all institutional changes should be classified as a mix of PME and DME. 

The workshop will be held in a hybrid setting. To receive the meeting link, kindly register here.