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ISBN Number: 9264011234 26 graphs |
Since the break-up of the command and control system in 1992, regulatory reform in Russia has been both an instrument and a product of change. In the Soviet era, government involvement in economic activity was pervasive. State action substituted for market mechanisms. Regulation as it is practiced in developed market economies did not exist – it was not needed in a centrally-planned economy. In the context of Russia’s transition, the freeing of prices, the creation of competitive markets, the privatisation of state assets and the liberalisation of foreign trade are all “regulatory reforms” as understood in this review. The transformation of the Russian economy has redefined the economic role of the Russian state. It has obliged the authorities to create regulatory institutions and procedures to meet the needs of a market economy.
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Table of contents
Chapter 1. Performance and Appraisal
Chapter 2. Regulatory Governance
Chapter 3. Competition Law and Policy
Chapter 4. Enhancing Market Openness through Regulatory Reform
Chapter 5. Railways Reform
Chapter 6. Electricity Reform
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