新興市場經濟政府、國會與國際金融組織間的互動 －以俄羅斯金融危機為例
Date Issued
2000-07-31
Date
2000-07-31
Author(s)
DOI
892414H002022
Abstract
Russia under Boris Yeltsin (1992-1999)
made rapid strides towards capitalist
economic reform but failed to produce good
performance. This study applies the politicoeconomic
approach and develops an
analytical model to explain economic
performance of transitional Russia and other
emerging market economies. In the model
three main actors are specified: international
financial organizations (and their Western
sponsors) that advocate orthodox, neo-classic
therapy, national parliament that reflects
popular opposition to the traumatizing
economic reform, and the government that is
sandwiched between the above two forces. In
Russia, because the Yeltsin government was
under cross pressure from the State Duma
and international financial organizations and
could not produce consistent reform and
macro economic policies, the transition
economy could not recover promptly and
remained stagnant after eight years of
capitalist reform. Policy fluctuations in Russia is synchronized with the country’s
electoral cycles. When national elections are
approaching, the government senses
mounting pressure from the society and from
the State Duma, and switches to slower
reform and expansionary policy to attract
votes. After the elections, however, because
domestic electoral pressure is temporarily
relieved, the economic costs of pre-election
policy change become evident, and
international pressure is on the rise, the
government would then make a policy shift
back to reform track and pro-stability macro
economic policies. Thus one sees inverse
relation between the reform cycles and the
electoral cycles.
Subjects
Russia
Yeltsin
economic reform
financial crisis
emerging markets
property rights
The interaction among government, par liament, and
international financial organizations in emerging markets:
the case of the Russian financial cr isis
international financial organizations in emerging markets:
the case of the Russian financial cr isis
Publisher
臺北市：國立臺灣大學政治學系暨研究所
Type
report
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