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Origini e limiti del modello russo di politica economica neoliberale (The origins and limits of the Russian model of neoliberal economic policy)

Author

Listed:
  • Denis Melnik

    (University, Moscow, Russia)

Abstract
L'articolo delinea il modello di politica economica russa emerso alla vigilia del XXI secolo, all'indomani della crisi del 1998. Quella crisi non ha messo in discussione l'ideologia dominante – neoliberista – che regnava in Russia dalla caduta dell'Unione Sovietica. Ma ha esacerbato il conflitto distributivo tra lo stato e le grandi imprese, "l'oligarchia", che alla fine ha portato alla vittoria dello stato e alla definizione di un nuovo equilibrio di interessi nell'establishment russo. La stessa crisi ha indotto il governo a seguire una rigorosa regolamentazione macroeconomica. L'attuale crisi non ha finora modificato la natura essenzialmente neoliberista della politica economica. Tuttavia, come viene mostrato nell'articolo, questa crisi indica i limiti del modello di politica economica stabilito. The article outlines the model of Russian economic policy that emerged on the eve of the 21st century, in the aftermath of the consequential 1998 crisis. That crisis did not challenge the dominant – neoliberal – ideology that reigned in Russia since the fall of the Soviet Union. But it exacerbated the distributive conflict between the state and the big business, "oligarchy", which eventually resulted in the victory of the state and in establishing a new balance of interests in the Russian establishment. The same crisis induced the government to follow rigorous macroeconomic regulation. The current crisis has not changed the essentially neoliberal nature of economic policy so far. Yet, as is shown in the paper, this crisis indicates at limits to the established model of economic policy.

Suggested Citation

  • Denis Melnik, 2022. "Origini e limiti del modello russo di politica economica neoliberale (The origins and limits of the Russian model of neoliberal economic policy)," Moneta e Credito, Economia civile, vol. 75(298), pages 101-121.
    • Handle: RePEc:psl:moneta:2022:22
    as

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    File URL: https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/17757/16865
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    References listed on IDEAS

    as
    1. Kornai, J, 1979. "Resource-Constrained versus Demand-Constrained Systems," Econometrica, Econometric Society, vol. 47(4), pages 801-819, July.
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    More about this item

    Keywords

    Russia; crisis; sanctions; import substitution; economic policy; neoliberalism;
    All these keywords.

    JEL classification:

    • B29 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Other
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform

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