Brokers and Bureaucrats

Building Market Institutions in Russia

Business & Finance, Economics, Development & Growth, Nonfiction, Social & Cultural Studies, Social Science, Sociology
Cover of the book Brokers and Bureaucrats by Timothy M. Frye, University of Michigan Press
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Author: Timothy M. Frye ISBN: 9780472023486
Publisher: University of Michigan Press Publication: November 12, 2009
Imprint: University of Michigan Press Language: English
Author: Timothy M. Frye
ISBN: 9780472023486
Publisher: University of Michigan Press
Publication: November 12, 2009
Imprint: University of Michigan Press
Language: English

A classic problem of social order prompts the central questions of this book: Why are some groups better able to govern themselves than others? Why do state actors sometimes delegate governing power to other bodies? How do different organizations including the state, the business community, and protection rackets come to govern different markets? Scholars have used both sociological and economic approaches to study these questions; here Timothy Frye argues for a different approach. He seeks to extend the theoretical and empirical scope of theories of self-governance beyond groups that exist in isolation from the state and suggests that social order is primarily a political problem.

Drawing on extensive interviews, surveys, and other sources, Frye addresses these question by studying five markets in contemporary Russia, including the currency futures, universal and specialized commodities, and equities markets. Using a model that depicts the effect of state policy on the prospects for self-governance, he tests theories of institutional performance and offers a political explanation for the creation of social capital, the formation of markets, and the source of legal institutions in the postcommunist world. In doing so, Frye makes a major contribution to the study of states and markets.

The book will be important reading for academic political scientists, economists (especially those who study the New Institutional Economics), legal scholars, sociologists, business-people, journalists, and students interested in transitions.

Timothy Frye is Assistant Professor of Political Science, The Ohio State University.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

A classic problem of social order prompts the central questions of this book: Why are some groups better able to govern themselves than others? Why do state actors sometimes delegate governing power to other bodies? How do different organizations including the state, the business community, and protection rackets come to govern different markets? Scholars have used both sociological and economic approaches to study these questions; here Timothy Frye argues for a different approach. He seeks to extend the theoretical and empirical scope of theories of self-governance beyond groups that exist in isolation from the state and suggests that social order is primarily a political problem.

Drawing on extensive interviews, surveys, and other sources, Frye addresses these question by studying five markets in contemporary Russia, including the currency futures, universal and specialized commodities, and equities markets. Using a model that depicts the effect of state policy on the prospects for self-governance, he tests theories of institutional performance and offers a political explanation for the creation of social capital, the formation of markets, and the source of legal institutions in the postcommunist world. In doing so, Frye makes a major contribution to the study of states and markets.

The book will be important reading for academic political scientists, economists (especially those who study the New Institutional Economics), legal scholars, sociologists, business-people, journalists, and students interested in transitions.

Timothy Frye is Assistant Professor of Political Science, The Ohio State University.

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