ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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A Russian Journey

The paradox of a country rich in human capital and possessing a huge market failing to experience a prolonged spell of high economic growth points to institutional failure. Weak property rights, in practice, combined with a lousy justice system and predatory state institutions are all the explanation one needs for faltering economic growth.

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