Regional Economics: Theory and Practice
 

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Twenty years of a new way of Russia: macroeconomic and regional development alternatives

Vol. 10, Iss. 9, MARCH 2012

Available online: 6 March 2012

Subject Heading: PRIORITIES OF ECONOMIC MODERNIZATION

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Ovchinnikov V.N. Honored Worker of Science, doctor of Economics, professor, North-Caucasian Institute of Economic and Social Problems, Southern Federal University
kafedra209@mail.ru

Analysis of the way passed by sovereign Russia after the USSR disintegration showed that the chosen version of the transformational transition from a centrally regulated society model of the domestic economy to a market-regulated one was burdened with the unprecedented destructive effect (typical for the revolutionary process model) and with the involution effect of «historical rollback», predetermined its content as a quasi-reform. An alternative transformation variant implemented in China was that «the maintenance of advantages of the socially oriented planned economy, capturing the market self-regulation instruments step by step.

Keywords: evolution, revolution, involution, denationalization, privatization, rent, conversion, quasi-reform, voucher, regional economy, budget federalism

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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