Privatization, Conversion, And Enterprise Reform In Russia

Michael A. McFaul, on leave as professor of political science at Stanford University and senior fellow at the Hoover Institution, is special assistant to President Obama for National Security Affairs and senior director of Russian and Eurasian Studies at the United States National Security Council.

• Preface, Michael McFaul and Tova Perlmutter. Part 1 State policies and the context for enterprise reform: the Russian model of mass privatization - governmental policy and first results, fiscal policy and the budget in Russia, Sergei Sinelnikov. Part 2 Management, corporate governance and enterprise directors: agency problems in the privatization of large enterprises in Russia, M. McFaul; attitudes of enterprise managers toward market transition, Irina Starodubrovskaya; privatization and corporate governance in Russia - an empirical study, Katharina Pistor; political origins of corporatist order - the politics of enterprise reform, Mari Kuraishi Horne. Part 3 Regional analyses of defense industry issues: economic performance and policies in the defense industrial regions of Russia, Clifford Gaddy; conversion of Russian defense industries - a macroeconomic and regional perspective, Jacques Sapir. Part 4 transition to the market at the enterprise level: a case study of Russian defense conversion and employee ownership - the Saratov Aviation Plant, John A. Battilega; enterprise strategies to cope with the reduced defense spending - the experience of the Perm region, Tarja Cronberg; spin-offs and start-ups in Russia - a key element of industrial restructuring, David Bernstein.