Russia as a Major Transition Economy

Chapter 3 discusses Russia as this dissertations’ particular focus of study for a transition economy. More in-depth, Chapter 3.1 informs the reader about general characteristics and the specific transition phases of economies in transition. Based on this, in Chapter 3.2, Russia’s transition to a market economy, including the transition of business networks within the country, is explicitly explained. Chapter 3.3 gives an overview of Russia’s current institutional context by focusing on six dimensions. Finally, Chapter 3.4 provides a summary.