The Quasi-Market Crisis as an Opportunity for Russia to Join the Mainstream of Development
O.E. BESSONOVA
Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences, Ac. Lavrentiev av., 17, Novosibirsk, 630090, Russia
Keywords: institutional matrix, quasi-market, razdatok, market-razdatok evolution, mainstream institutional development, open access regime
Abstract
The Russian economy has entered a systemic crisis due to the exhaustion of quasi-market model. In the course of history, countries overcame it through a revolutionary transition to the «razdatok» economy. However, regularities of market-razdatok global development give the possibility of an evolutionary transition to an open access regime by integrating market and razdatok institutions. We use the Razdatok theory and build a periodic table of the institutional development of Russia. The article contains a comparative institutional analysis of the two transition periods based on quasi-market. We give a forecast of how a «contract razdatok», which is the basis of the institutional matrix of an open access regime, can appear in Russia and assess the prospects for introduced institutional norms and rules.
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