Search by keyword: hysteresis effect
On the Development of Railway Structural Reform in Russia
After years of reforms, the public railway management entity JSC Russian Railways is in a setting known as the institutional trap. The assumption that other mechanisms of the Russian economy should synchronously transform with this key infrastructural area was proved to be wrong. A functional geographical model of railway management was replaced by a «super centralized)} management model by type of activity. Russian Railways is now a holding that controls rail transport using hierarchy lines from the corporate center to the primary functional unit of the railways. In this paper, we analyze the efficiency of railway management based on new models and ways to escape out of institutional traps. We suggest approaches to developing the structural reform of Russian rail transport.
Kibalov Ie. B. kibalovE@mail.ru
Keywords: Russian rail transport reform institutional trap administration hysteresis effect
