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What Concept оf Political Economy is Adequate for Strategy of Regional Growth in Russia? Economic Alternatives
year
2016
Issue
4

What Concept оf Political Economy is Adequate for Strategy of Regional Growth in Russia?

Abstract

This paper discusses the theoretical premises of a strategy of regional economic growth. It recommends that attention should be paid to the various types of capitalism, including peripheral ones, for which developmental laws differ from the ones effective in developed economies. A brief overview of the history of the types of "national political economy" allows for establishing alternative options of economic reforms. The conclusion is arrived at whereby the projection of the "mainstream" type will not be in line with the desirable changes of the Russian economy.

Keywords

National political economy, peripheral capitalism, history lessons
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