Dividing the Spoils : Pensions, Privatization, and Reform in Russia's Transition

Dividing the Spoils : Pensions, Privatization, and Reform in Russia's Transition

The authors present a political economy model in which policy is the outcome of an interaction between three actors: government (G), managers and workers (W), and transfer recipients (P). The government's objective is to stay in power, for whi...

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Bibliographic Details
Main Authors:	Kapstein, Ethan B., Milanovic, Branko
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	AGENCY PROBLEMS ASSET STRIPPING AUTHORITY BANKING SYSTEMS BOOK VALUE BUDGETARY ALLOCATIONS CAMPAIGN CONTRIBUTIONS CAPITAL GAIN CAPITAL MARKETS CITIZENS COMMUNISM COMMUNIST COMMUNIST PARTY CORPORATE GOVERNANCE CORRUPTION DECENTRALIZATION DEMOCRACY DEVELOPMENT DISTRICTS ECONOMIC REFORM ECONOMIES IN TRANSITION ELECTED OFFICIALS ELECTORAL SYSTEM EMPLOYMENT ENTERPRISE REFORM ENTERPRISE RESTRUCTURING FISCAL FISCAL POLICY FISCAL STANCE FOREIGN INVESTORS FOREIGN LOANS GDP GINI COEFFICIENT GOVERNMENT SUBSIDIES HEADACHES HUMAN RESOURCES IMPOTENCE INCOME INDEXATION INDIVIDUAL ACCOUNTS INFLATION INFORMAL SECTOR INTEREST RATES LOBBYING MACROECONOMIC POLICIES MACROECONOMIC PROBLEMS MACROECONOMIC STABILIZATION MANAGERS MARKET VALUE PAYMENT ARREARS PAYROLL TAXES PENSIONS POLITICAL CONTROL POLITICAL ECONOMY POLITICAL ECONOMY OF REFORM POLITICAL ELITE POLITICIANS PRESIDENCY PRIVATE SECTOR PRIVATIZATION PRIVATIZATION AGENCY PROFESSIONS PROFIT SEEKING PUBLIC EXPENDITURE PUBLIC OPINION PUBLIC SECTOR PUBLIC SPENDING REGRESSION ANALYSIS RENT SEEKING RETIREMENT SAVINGS SCHOOLS SMALL BUSINESS SOCIAL POLICY SOCIAL PROTECTION SOCIAL SAFETY SOCIAL SAFETY NET SOCIAL SECURITY SOCIAL TRANSFERS SOCIAL WELFARE STATE ASSETS STATE ENTERPRISES STATE PROPERTY STATE REVENUES STATE SECTOR STATE SUBSIDIES STATE-OWNED ENTERPRISES TAX COLLECTION TAX EXEMPTIONS TAX PAYMENTS TAX RATES TAX REVENUES TAXATION TOTAL EXPENDITURES TRANSITION ECONOMIES VOTERS VOTING VOUCHER PRIVATIZATION WAGES WEALTH WORKERS WORLD POLITICS
Online Access:	http://documents.worldbank.org/curated/en/2000/03/438329/dividing-spoils-pensions-privatization-reform-russias-transition http://hdl.handle.net/10986/22313

Internet

http://documents.worldbank.org/curated/en/2000/03/438329/dividing-spoils-pensions-privatization-reform-russias-transition
http://hdl.handle.net/10986/22313