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dc.contributor.author
Hass, Jeffrey K.  
dc.contributor.author
Beltran, Gaston Joaquin  
dc.date.available
2023-03-01T20:18:00Z  
dc.date.issued
2010-06  
dc.identifier.citation
Hass, Jeffrey K.; Beltran, Gaston Joaquin; Illusions of market paradise: State, business, and economic reform in post-socialist Russia and post-1980s crisis Argentina; Center for Independent Social Research; Laboratorium; 2; 2; 6-2010; 123-160  
dc.identifier.issn
2076-8214  
dc.identifier.uri
http://hdl.handle.net/11336/189285  
dc.description.abstract
Why do some economic elites initially support reform policies that potentially risk their very positions, especially when they apparently do little to address the potential threat or make use of increasingly likely radical changes? To address this question, and to expand our understanding of managerial and business decision-making in periods of fundamental economic change, we compare industrial managers’ and business elites’ reactions to initial economic reform in Argentina and late Soviet/early post-Soviet Russia. Drawing on a stochastic learning model, we suggest three processes shaped decisions to embrace reforms in such as way as to leave themselves vulnerable. First, these elites anchored expectations in experiences of past reforms, including experiences and expectations that reforms would ultimately be limited or would fail. Second, these two groups used reforms to augment gains and autonomy, but in such a way that left them vulnerable to competition and greater fiscal strains alter. Third, market-oriented reforms were initially ambiguous, because of the nature of market systems under construction (which inherently include uncertainty and ambiguity about future outcomes) and because reforms themselves were not entirely coherent. These factors, combined with no initial demonstration by the state that reforms would be carried out to their limit, allowed Soviet managers and Argentine business elites to read a positive future into reforms, leaving them vulnerable. As a result, they supported reforms that ultimately turned into threats.  
dc.format
application/pdf  
dc.language.iso
eng  
dc.publisher
Center for Independent Social Research  
dc.rights
info:eu-repo/semantics/openAccess  
dc.rights.uri
https://creativecommons.org/licenses/by-nc-nd/2.5/ar/  
dc.subject
ARGENTINA AND RUSSIAN ELITES  
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ECONOMIC TRANSICION  
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DECISION MAKING  
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IRRATIONAL DECISIONS  
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Otras Sociología  
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Sociología  
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CIENCIAS SOCIALES  
dc.title
Illusions of market paradise: State, business, and economic reform in post-socialist Russia and post-1980s crisis Argentina  
dc.type
info:eu-repo/semantics/article  
dc.type
info:ar-repo/semantics/artículo  
dc.type
info:eu-repo/semantics/publishedVersion  
dc.date.updated
2023-02-16T13:42:39Z  
dc.identifier.eissn
2078-1938  
dc.journal.volume
2  
dc.journal.number
2  
dc.journal.pagination
123-160  
dc.journal.pais
Rusia  
dc.journal.ciudad
San Petersburgo  
dc.description.fil
Fil: Hass, Jeffrey K.. University of Richmond; Estados Unidos  
dc.description.fil
Fil: Beltran, Gaston Joaquin. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad de Buenos Aires. Facultad de Ciencias Sociales. Instituto de Investigaciones "Gino Germani"; Argentina  
dc.journal.title
Laboratorium  
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/url/https://www.soclabo.org/index.php/laboratorium/article/view/199