Keyword: «distrust of financial institutions and investments»

Institutional traps in the Russian economy

ART 194005

Authors:

Aleksei Martinenko,

Inna Jabinskaya

Full text Read online

The article is devoted to identifying institutional traps in the Russian economy, as well as explaining the reasons for their emergence and consolidation. The authors consider institutional traps that are characteristic both for the initial stages of market transformations in Russia and for the modern Russian economy.

Keywords: economy, institutional traps, barter, non-payment, rent-oriented behavior, tax evasion, distrust of financial institutions and investments, negative attitude to private property