Development Programs: On the Methodology of Formation

Vitaly Tambovtsev

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Economic and Technological Developments in Russia Economic Theory and Institutions Russia and Soviet political economy

Abstract

The notion of development program is defined as the unity of investment and institutional-change components. Basing on the principles of institutional design the bargaining process for development programs formation is grounded, with influential stakeholders as parties of this bargain. The typology of compensations is introduced, and a generalized criterion of Caldor-Hicks is proposed for estimation of development programs efficacy. The illustrations from recent Russian practice are presented.

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19994. The Political Economy of Democratic Transitions 2018Understanding Economic Policy Reform 1994The Political economy of policy reform 1996The Political Economy of Democratic Transitions 1998Distinguished Lecture on Economics in Government: The Private Uses of Public Interests: Incentives and Institutions 2018The Political Economy of Reform:2006Who Adjusts and When? On the Political Economy of Reforms 2003The Political Economy of Reform: Institutional Change as a Tool for Political Credibility

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