Novgorod and Pskov : examples of how economic policy can influence economic development
Solanko, Laura; Tekoniemi, Merja (21.12.1998)
Numero
6/1998Julkaisija
Suomen PankkiBank of Finland
1998
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408113115Tiivistelmä
This paper examines two regions of the Russian Federation, Novgorod and Pskov, to compare how differences in economic policy affect economic development.Despite common histories, geography and natural resources, Novgorod committed early on in reform to policies that would attract foreign investments in production. Pskov, on the other hand, drew back into protectionist policies until it was clear that efforts to increase domestic and foreign investment levels were needed.Using available statistics, we consider the reasoning that led these regions down such distinctly different economic policy paths. Keywords: Russia, regions, economic policy
Julkaisuhuomautus
Uudelleenjulkaistu pdf-muodossa 2002 (Idäntalouksien yksikön sarja)Reprint in PDF format 2002 (Unit for Eastern European Economies series)