The new political economy of Russia

1. Introduction

2. Accounting for Growth

2.1. Productivity Challenge

2.2. Investment Challenge

2.3. 2001 Survey on Reform Priorities

3. Political Context of Economic Reform

3.1. Government Accountability during the Yeltsin Presidency

3.2. Government Accountability during the Putin Presidency

4. Structural and Institutional Reforms

4.1. Incentives and Failure of the Post-Soviet Judicial System

4.2. Regulation and Rent-Seeking Bureaucracy

4.3. Banking-Sector Failure and Reform

4.4. Social-Sector Reforms

5. International Accountability: The Prospect of Accession to the World Trade Organization

5.1. Costs and Benefits of WTO Accession

5.2. Russian Accession Strategy and WTO Accession as an External Anchor

5.3. Accompanying Policies

6. Conclusions.