Institutional Change and Economic Development in Siberia and the Russian Far East

Abstract

This paper studies the institutions for exercise of property rights in forestry, fisheries, and mining in Siberia and the Russian Far East, linking current arrangements with the administrative structures of the command era. It describes production, income, and structural change in Asian Russia arguing that if Russia hopes to rely on the rapid growth of Asia as a locomotive for Russian growth, then then the government will need to develop a legal framework for long-run property rights in resources and to establish stronger links for business cooperation with all of the countries of Asia and, particularly, with China, Japan, and South Korea.