1. The state regulation of the market economy
- Author
-
Magomedov, Sh., Petrosian, D., and Shul'ga, V.
- Subjects
Russia -- Economic policy ,Government regulation of business -- Russia ,Economic policy -- Planning ,Markets (Economics) -- Russia ,Capitalism -- Russia ,Business ,Business, international ,Economics - Abstract
This article discusses the lack of allocation of funds in the Russian Federation since the restructuring to a market economy, which has resulted in the decrease of technical sophistication, stagnation and eventual demise of the industrial complexes. The authors assert that policy should focus on strengthening the real sectors of the economy rather than on macroeconomic regulations; the state currently has no influence over management of industry, services and trade.
- Published
- 2000