Author: L. Kosals 1
View More View Less
  • 1 Higher School of Economics Department of Economic Sociology 3 Kochnovski proezd, Office 406 Moscow 125319 Russia
Restricted access

Purchase article

USD  $25.00

1 year subscription (Individual Only)

USD  $700.00

This paper is a description of the socio-economic system which emerged in Russia as a result of the transformation to a capitalist economy. The main actors in this system are the so-called ‘clans’ including business people affiliated with state officials and sometimes with criminal groups. In the analysis of the context of the Russian transformation a detailed study deals with the internal structure of a clan, focusing on its five main constituents (leader or ‘chieftain’, ‘core’, skilled professionals, ordinary members, agents of influence). Within clan capitalism, mechanisms of clan coordination dominate, while market mechanism and bureaucratic coordination are relatively weaker. The main features of this system are a clan-state, providing the convertibility of resources that maintain favourable conditions for clan activities; post-Soviet monopolism that is basically of a non-market character; distortion of the aims of enterprise; institutionalisation of the shadow economy; and unprotected property rights. Now clan capitalism has turned to the stage of oligarch capitalism with Putin’s clan as the core of new Russian oligarchy.

  • Alversson, M. — Lindkvist, L. (1993): Transaction Costs, Clans and Corporate Culture. Journal of Management Studies , 30.

  • Åslund, A. (2005) Comparative Oligarchy: Russia, Ukraine and the United States. Paper presented at the CASE Conference, “Europe after the Enlargement”, Warsaw, April 8–9.

  • Berliner, J. (1952): The Informal Organization of the Soviet Firm. Quarterly Journal of Economics , 66(3).

  • Blasi, J. R. — Kroumova, M. — Kruse, D. (1997): Kremlin Capitalism. Privatizing the Russian Economy . Cornell University Press.

  • Boisot, M. — Child, J. (1996): From Fiefs to Clans and Network Capitalism: Explaining China’s Emerging Economic Order. Administrative Science Quarterly , 41.

  • Chavance, B. (1999): The Evolutionary Path away from Socialism: The Chinese Experience. Voprosy ekonomiki , 6 (in Russian).

  • Chavance, B. (2000): The Evolutionary Path away from Socialism: The Chinese Experience. In: Maskin, E. — Simonovits, A. (eds): Planning, Shortage, and Transformation: Essays in Honor of Janos Kornai . Cambridge, MA: The MIT Press.

    Chavance B. , '', in Planning, Shortage, and Transformation: Essays in Honor of Janos Kornai , (2000 ) -.

  • Crouch, C. (2005): Capitalist Diversity and Change . Oxford: Oxford University Press.

    Crouch C. , '', in Capitalist Diversity and Change , (2005 ) -.

  • Csaba, L. (1990): The Bumpy Road to the Free Market in Eastern Europe. Acta Oeconomica , 42(3–4).

  • Dinello, N. (2002): Clans for Market or Clans for Plan: Social Networks in Hungary and Russia. East European Politics and Societies , 15(3).

  • Enste, D. — Schneider, F. (1998): Increasing Shadow Economies all over the World — Fiction or Reality? A Survey of the Global Evidence of their Size and of their Impact from 1970 to 1995. The Institute for the Study of Labor, Bonn. Discussion Paper , No. 26, December.

    Schneider F. , '', in Increasing Shadow Economies all over the World — Fiction or Reality? A Survey of the Global Evidence of their Size and of their Impact from 1970 to 1995 , (1998 ) -.

  • Gaidar, E (1997): Dni porazhenii i pobed . Moskva: Vagrius (English edition (1999): Days of Defeat and Victory . Seattle and London: University of Washington Press.)

    Gaidar E. , '', in Dni porazhenii i pobed , (1997 ) -.

  • Gellner, E. (1987): The Concept of Kinship and Other Essays of Anthropological Method and Explanation . Oxford: Basil Blackwell.

    Gellner E. , '', in The Concept of Kinship and Other Essays of Anthropological Method and Explanation , (1987 ) -.

  • Graham, Th. E. (1995): New Russian Regime. Nezavisimaya gazeta , November 23 (in Russian).

  • Graham, Th. E. (1996): Russia’s New Non-Democrats. Harper’s Magazine , 292(1751), April.

  • Grossman, G. (1977): The ’second Economy’ of the USSR. The Problems of Communism , 26(5).

  • Haber, S. (ed.) (2002): Crony Capitalism and Economic Growth in Latin America . Stanford: Hoover Institution Press.

    '', in Crony Capitalism and Economic Growth in Latin America , (2002 ) -.

  • Hayek, F. A. (1960): The Constitution of Liberty . Chicago: The University of Chicago Press.

    Hayek F. A. , '', in The Constitution of Liberty , (1960 ) -.

  • Hillman, A. L. — Schnytzer, A. (1986): Illegal Economic Activities and Purges in a Soviet-Type Economy: A Rent-seeking Perspective. International Review of Law and Economics , 6(1, June).

  • Ialnazov, D. (2003): Can a Country Extricate itself from the Post-Socialist Trajectory? The Journal of the Japanese Association for Comparative Economic Studies (Hikaku Keizai Taisei Kenkyu) , 10(July).

  • Johanson, M. (2004): Managing Networks in Transition Economies . Amsterdam: Elsevier.

    Johanson M. , '', in Managing Networks in Transition Economies , (2004 ) -.

  • Kang, D. (2002): Crony Capitalism: Corruption and Development in South Korea and the Philippines . (US-Series: Cambridge Studies in Comparative Politics). Cambridge: Cambridge University Press.

    Kang D. , '', in Crony Capitalism: Corruption and Development in South Korea and the Philippines , (2002 ) -.

  • Kolennikova, O. — Kosals, L. — Ryvkina, R. (2004): Commercialization of Militia Service Activities: Opinion of Officers. Sociologicheskie Issledovania , 3 (in Russian).

  • Kornai, J. (1990): The Affinity between Ownership Forms and Coordination Mechanisms: The Common Experience of Reform in Socialist Countries. Journal of Economic Perspectives , 4(3).

  • Kosals, L. (1995): Development of the Clan Capitalism in Russia, Knowledge is Power itself. Znanie-sila , 3 (in Russian).

  • Kosals, L. — Ryvkina, R. (2001): The Institutionalization of Shadow Economy: Rules and Roles. In: Segbers, K. (ed.): Explaining Post-Soviet Patchwork, Vol. II: ‘Pathways from the Past to the Global’. Aldershot: Ashgate.

    Ryvkina R. , '', in Explaining Post-Soviet Patchwork, Vol. II: ‘Pathways from the Past to the Global’ , (2001 ) -.

  • Krugman, P. R. (2002): Crony Capitalism in USA. The New York Times , January 15.

  • Latynina, Yu. (1999): Khodorkovsky’s Empire. Sovershenno sekretno , August (in Russian).

  • Ledeneva, A. (1998): Russia’s Economy of Favours: Blat, Networking and Informal Exchange . Cambridge and New York: Cambridge University Press.

    Ledeneva A. , '', in Russia’s Economy of Favours: Blat, Networking and Informal Exchange , (1998 ) -.

  • de Melo, M. — Denizer, C. — Gelb, A. — Tenev, S. (1997): Circumstance and Choice: The Role of Initial Conditions and Policies in Transition Economies. World Bank Working Paper , No. 1866.

  • Mizobata, S. (2005): Diverging and Normalizing of Corporate Governance in Russia. Working Paper CEMI (EHESS), Mai ( http://www.ehess.fr/centres/cemi/pages/documents/doc108-mizobata.pdf )

    Mizobata S. , '', in Working Paper , (2005 ) -.

  • Moncreiffe, I. (1967): The Highland Clans . London: Barrie and Rockliff.

    Moncreiffe I. , '', in The Highland Clans , (1967 ) -.

  • Ofer, G. — Vinokur, A. (1992): The Soviet Household under the Old Regime: Economic Conditions and Behavior in the 1970’s . Cambridge: Cambridge University Press.

    Vinokur A. , '', in The Soviet Household under the Old Regime: Economic Conditions and Behavior in the 1970’s , (1992 ) -.

  • O’Hearn, D. (1980): The Consumer Second Economy: Size and Effects. Soviet Studies , 32(2, April).

  • Ouchi, W. (1979): A Conceptual Framework for the Design of Organizational Control Mechanisms. Management Science , September.

  • Ouchi, W. (1980): Markets, Bureaucracies and Clans. Administrative Science Quarterly , 25.

  • Radaev, V. (2001): Urban Households in the Informal Economy. In: Segbers, K. (ed.): Explaining Post-Soviet Patchworks . Vol. II. Aldershot: Ashgate.

    Radaev V. , '', in Explaining Post-Soviet Patchworks. Vol. II , (2001 ) -.

  • Radaev, V. (2003): How Trust is Established in Economic Relationships when Institutions and Individuals are not Trustworthy (The Case of Russia). Paper prepared for the CEPR/WDI Annual International Conference on Transition Economies, Budapest, 3–5 July, 2003.

  • Satter, D. (2003): Darkness at Dawn: The Rise of the Russian Criminal State . Yale University Press.

  • Shleifer, A. — Treisman, D. (2000): Without a Map. Political Tactics and Economic Reform in Russia . Cambridge, MA: The MIT Press.

    Treisman D. , '', in Without a Map. Political Tactics and Economic Reform in Russia , (2000 ) -.

  • Schuler, K. — Selgin, G. A. (1999): Replacing Potemkin Capitalism. Russia’s Need for a Free-market Financial System. The Cato Institute, Policy Analysis , No. 348, June 7.

  • Stark, D. (1990): Privatization in Hungary: From Plan to Market or from Plan to Clan? East European Politics and Societies , 4(3).

  • Stark, D. — Bruszt, L. (1998): Postsocialist Pathways: Transforming Politics and Property in East Central Europe . Cambridge: Cambridge University Press.

    Bruszt L. , '', in Postsocialist Pathways: Transforming Politics and Property in East Central Europe , (1998 ) -.

  • Wedel, J. R. (1998): Collision and Collusion: A Strange Case of Western Aid to Eastern Europe . New York: St. Martin’s Press.

    Wedel J. R. , '', in Collision and Collusion: A Strange Case of Western Aid to Eastern Europe , (1998 ) -.

  • Wedel, J. R. (2003): Clans, Cliques and Captured States: Rethinking ‘Transition’ in Central and Eastern Europe and the Former Soviet Union. Journal of International Development , 15(4).

  • Wedel, J. R. (2005): Flex Organization and the Clan-State: Perspectives on Crime and Corruption in the New Russia. In: Pridemore, W. A. (ed.): Ruling Russia . Lanham: Rowman & Littlefield Publishers.

    Wedel J. R. , '', in Ruling Russia , (2005 ) -.

Submit Your Manuscript
 
The author instruction is available in PDF.
Please, download the file from HERE.

 

The description of the refereeing procedure is available in PDF.
Please, download the file from HERE.

 

 

Senior editors

Editor(s)-in-Chief: Prof. Dr. Mihályi, Péter

Editor(s): Ványai, Judit

Editorial Board

  • Ádám Török (Chairman) / University of Pannonia; Budapest University of Technology and Economics
  • Edina Berlinger / Corvinus University of Budapest, Department of Finance
  • Beáta Farkas / Faculty of Economics and Business Administration, University of Szeged
  • Péter Halmai / Budapest University of Technology and Economics; National University of Public Service
  • István Kónya / Institute of Economics Centre for Regional and Economic Studies, University of Pécs
  • János Köllő / Institute of Economics Centre for Regional and Economic Studies
  • István Magas / Corvinus University of Budapest, Department of World Economy; University of Physical Education, Department. of Sports and Decision Sciences
 

Advisory Board

  • Ǻslund, Anders, Institute of International Economics, Washington (USA)
  • Kolodko, Grzegorz, Kozminski University, Warsaw (Poland)
  • Mau, Vladimir, Academy of National Economy (Russia)
  • Messerlin, Patrick A, Groupe d’Economie Mondiale (France)
  • Saul Estrin, London School of Economics (UK)
  • Wagener, Hans-Jürgen, Europa Universität Viadrina (Germany)

Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary

Indexing and Abstracting Services:

  • EconLit
  • Elsevier GEO Abstracts
  • GEOBASE
  • International Bibliographies IBZ and IBR
  • JEL
  • Referativnyi Zhurnal
  • RePEc
  • SCOPUS
  • Social Science Citation Index
  • Index Copernicus

 

2020  
Total Cites 275
WoS
Journal
Impact Factor
0,875
Rank by Economics 325/377 (Q4)
Impact Factor  
Impact Factor 0,534
without
Journal Self Cites
5 Year 0,500
Impact Factor
Journal  0,38
Citation Indicator  
Rank by Journal  Economics 347/549 (Q3)
Citation Indicator   
Citable 37
Items
Total 37
Articles
Total 0
Reviews
Scimago 13
H-index
Scimago 0,292
Journal Rank
Scimago Economics and Econometrics Q3
Quartile Score  
Scopus 225/166=1,4
Scite Score  
Scopus Economics and Econometrics 392/661 (Q3)
Scite Score Rank  
Scopus 0,668
SNIP  
Days from  289
submission  
to acceptance  
Days from  447
acceptance  
to publication  

2019  
Total Cites
WoS
212
Impact Factor 0,914
Impact Factor
without
Journal Self Cites
0,728
5 Year
Impact Factor
0,650
Immediacy
Index
0,156
Citable
Items
45
Total
Articles
45
Total
Reviews
0
Cited
Half-Life
3,9
Citing
Half-Life
9,5
Eigenfactor
Score
0,00015
Article Influence
Score
0,052
% Articles
in
Citable Items
100,00
Normalized
Eigenfactor
0,01891
Average
IF
Percentile
28,437
Scimago
H-index
12
Scimago
Journal Rank
0,439
Scopus
Scite Score
214/165=1,3
Scopus
Scite Score Rank
Economics and Econometrics 355/637 (Q3)
Scopus
SNIP
0,989

 

Acta Oeconomica
Publication Model Hybrid
Submission Fee none
Article Processing Charge 900 EUR/article
Printed Color Illustrations 40 EUR (or 10 000 HUF) + VAT / piece
Regional discounts on country of the funding agency World Bank Lower-middle-income economies: 50%
World Bank Low-income economies: 100%
Further Discounts Editorial Board / Advisory Board members: 50%
Corresponding authors, affiliated to an EISZ member institution subscribing to the journal package of Akadémiai Kiadó: 100%
Subscription fee 2021 Online subsscription: 588 EUR / 732 USD
Print + online subscription: 688 EUR / 860 USD
Subscription fee 2022 Online subsscription: 600 EUR / 750 USD
Print + online subscription: 704 EUR / 880 USD
Subscription Information Online subscribers are entitled access to all back issues published by Akadémiai Kiadó for each title for the duration of the subscription, as well as Online First content for the subscribed content.
Purchase per Title Individual articles are sold on the displayed price.

Acta Oeconomica
Language English
Size B5
Year of
Foundation
1966
Publication
Programme
2021 Volume 71
Volumes
per Year
1
Issues
per Year
4
Founder Magyar Tudományos Akadémia
Founder's
Address
H-1051 Budapest, Hungary, Széchenyi István tér 9.
Publisher Akadémiai Kiadó
Publisher's
Address
H-1117 Budapest, Hungary 1516 Budapest, PO Box 245.
Responsible
Publisher
Chief Executive Officer, Akadémiai Kiadó
ISSN 0001-6373 (Print)
ISSN 1588-2659 (Online)