Ispravnikova, N.R. Reform of RAO “UES of Russia”: formation of new institution or an institutional trap?

Abstract: Formation of a new institution calls for serious costs and efforts, which are due to the need to ensure series of positive precedents, to mobilization and stimulation of supporting forces, to overcome the majority barrier. However, the improvement of important institutions, as well as formation of new ones, is not always possible For example, this may happen if a reform enters an institutional trap. Article is devoted to mechanisms of formation of a new institution: institution of market of effi cient competition in the framework or power industry reform.

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