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AS So] HA} $919) AWFAS 7) MVIUSL FEZVS Fale] Bags} 7) SS 77) BcHe Bazhee) 71414 oe sola she zHhge) MeAR. 1 a 3} VMSA SHILA MS 7 VES Fol EA] AS Basa ad. a as Sa AGS wals|a g AS Sopspe Zep Brito] aes Heck cso Ap AAA MAIS aAAlo} A] SAA Ness Saad Aq Ase Aras) we uo} BARU BS Pasa eh a Bs} Alt] Shaya] Us} Baby de Felsoe da ARSE 2HISS 2)]7)7] AA VALS dss} Ac}Polanyi 1977: xvi-xvli), FAAF oy dal Bae SEALS a Hao Feo} Mod BAsela] VS slgala| Sgo} AT AY} YA. ez} Balt Ca ARYA a cial Absa ze Sol) Faysigiae ADS 2 BAY chee Ado) js Beslan Fad F44) Blolgiakd Ags] wad a Bt BAS] Velo} SUNT UMA YAS Fate] Bal7} Weel Abs Ere] olWS|o} AF 2 AIS asl Ske HVS else FAYE oleslojz Bas A) Foe cl o} Sob l she vase] daa wage asieid. wade Beye ee dace payee Bach AH Alasalday 79] Bxtash Salalah Mele ae qual west o[o} olelgh EANFOIS Aelaho} Sem Base. “Wel Sey Bbw aes ag og oat) RecA Pelt FPshe AHS AAT + Ue}’Polanyi, 1944: 254)2 Se}] = BRIA. Bal ole aE ChE AHS Baketh Aa)7] Falck vee] oa ze OE AHS Jas AVA. AIS Dest) Va Fa epl apiolelets Spee a He BE ARE AVA. AAA] Ue aE - Abela Uetste AH deel] apleh AAS Selo HY FAS Ajoloe eae By YSASS Aspe A S - Beha FAAS opiate] 2S ASA AHO] slo} ole EAS saay7) Mat 4} SS AMFAF|D AIFS Yo] o}SS|71= Meh WI7} Geol alZglse ital Sook ch BS AVIAGATS Fach ol MEA ANS E7lsholok gee AS of Uth AABAS] AS AHS MET UB APS Age YS aesbeha, Fal] w tA, BAA 8s} A114) Boo) BAS Aashe Ao] Holwoe HAYS wejsfojof @ Ach. legge] FERS AAAolT Hele Aly WES Sele] wages AB] US MAlo]z2 AACS BASH A1E} AAs] ojo See BFS] alah A Blelso] AW YE lass FASO] MAT F US alec. a Reg *606 ol8z [Abstract] The Economic Thought of Karl Polanyi and Post-Soviet Transformation Russia Lee Sang Joon The main argument of Karl Polanyi’s analysis is that pre-market society and economy ‘was operated under the principles that are very different from today’s market economy. He argues that state intervention is consistently required to establish the market economy since the self-regulating market is unstable and unpredictable. With expansion of market economy social protection measures aiming at the conservation of man and nature as well as productive organization are spontaneous response. Post-Soviet Russia has introduced market economy, called ‘shock therapy’. However, market-oriented reforms have degenerated living, standards of Russian peoples, that leads to social protection against the disruption in the automatic market economy. Russian government has {o intervene market and impaired self-regulating market and each impairment creates anew the need for further intervention Polanyi was insistent that special care should be taken to absorb dis-embedded economy into society. Key words : Karl Polanyi, Self-Regulating Market, Market Economy, Social Protection Measures, Double Movement, Post-Soviet Transformation, Russia, State ae. 2001. "2 Fes ARF wa, HPPA Foley Ae aggre. 341.359, BIA, 2004. (HE Sep] ABS] VAT SLE MIS Sow, Hale al 84 33, 61-88. ABS, 2003, AAA) ejrlo}s| SHA BB SAMA We Hs ols Sao 2y, Te2se, A] 184 2%, 273-301. ABA. 199. “BLAH AS, EME 7h, Bast APs A 42%, 11-29. QR 2003. TH Ale}2] AB zHes} YEA) YEMa: eBASzaF%o] ARH, Sygate S, Al 43% 3B, 429-453. BUS. 1999, TAH alos] Sas Ste] Ws, 'S 379-419. opBal. 2004 (2 Behe) AE Bales ALA, ABBE, al) 23%, 159-188. Be}e, a) 14a 18,BE BPS] AMAT BASIS] MINAS AANOL 607 OFS. 2003. AHH eAloh 7idawistzs} ze Bale] wis} aed, Teekay By Al 18% 23, 303-333. 71. 2001. BAAS VSS HA BalelHete| ak Bt FAs} BAIS BES See, ASNBABE 4) 16%, 133-172 Ea 9, B Fey As. 2002. Ma Alalal aweF]el7} ASA ABA Ia AS A A Barberia, Lorena, Simon Johnson, Daniel Kaufmann. 1997. "Social Networks in Transition,” William Davidson Institute at the University of Michigan, Working Paper No. 102 Bevan, Alan A., et al. 2001. "The Determinants of Privatized Enterprise Performance in Russia,” London Business School Center for New and Emerging Markets, Discussion Paper Series, No. yale Burawoy, Michael, 2001. "Transition without Transformation." East European Politics and Societies, Vol 15, No. 2(Spring), 269-292. Commander, Simon, Christian Mummsen. 2000. "The Growth of Non-monetary Transactions in Russia: Causes and Effects," Seabright, Paul. ed. 2000. The Vanishing Rouble, Cambridge; Cambridge University Press, 114-146. Padma, Idson, Todd. 2000. Work without Wages: Russia's Nonpayment Crisis, Cambridge and London: The MIT Press. Earle, John S, Estrin, Saul, 1998. "Privatization, Competition, and Budget Constraints: Disciplining Enterprises in Russia," SITE Working Paper No. 128. Gimpelson, Vladimir, Lippoldt, Douglas. 2001. The Russian Labour Market, Oxford: Rowman & Littlefield Publishers. Gustafson, Thane. 1997. Capitalism Russian-Style, Cambridge: Cambridge University Press. Hodgson, Geoffrey M. 1988, Economics and Institutions: A Manifesto for Modem Institutional Economics, Philadelphia: University of Pennsylvania. Humphrey, Caroline. 2000, "How is Barter done? The Social Relations of Barter in Provincial Russia,” Seabright, Paul, ed, The Vanishing Rouble, Cambridge; Cambridge University Press, 259-297. Knight, Frank H. 1971, Risk, Uncertainty and Profit, Chicago: University of Chicago Press. Kolodko, Grzegorz W. 1999. "Transition to a Market Economy and Sustained Growth Implications for the Post-Washington Consensus.” Conmmunist and Post-Communist Studies, Vol. 32, 233-261. Kornai, Janos, 2000, "What the Changes of System From Socialism to Capitalism Does and Does Not Mean." journal of Economic Perspectives, Vol. 14, No. 1(Winter): 27-42. Notten, Geranda, 2004. "Poverty and Consumption Insurance in Russia,’ BOFIT and CEFIR Workshop, 2 April, http://www.bof fi/bofit/seminar /index stm Polanyi, Karl. 1944 The Great Transformation: the Political and Economic Origins of Our Time. Boston: Beacon Press, Polanyi, Karl. 1968. Primitive, Archaic, and Modern Economies: Essays of Karl Polanyi. (ed.) by608 Ole George Dalton. Boston: Beacon Press. Polanyi, Karl. 1977, The Livelihood of Man, (ed.) by Harry W. Pearson. New York: Academic Press. Polanyi, Karl, Conrad M. Arensberg, and Harry W. Pearson. eds. 1957. Trade and Market in the Early Empires: Economies in History and Theory. New York: The Free Press. Polanyi-Levitt, Kari. ed. 1990, The Life and Work of Karl Polanyi. Montreal: Black Rose Books. Sanchez-Andres, Antonio, Jose M. March-Poquet. 2002. "The Construction of Market Institutions in Russia: A View from the Institutionalism of Polanyi," Journal of Economic Issues, Vol. 36, No. 3, 707-72. Silverman, Bertram, Murray Yanowitch. 1997. New Rich, New Poor, New Russia, Armonk, N. Y: M. E, Sharpe. Stanfield, J. R. 1986. The Economic Thought of Karl Polanyi: Lives and Livelihood, N. Ys St Martin's Press