Strategies for Overcoming Institutional Traps: a Comparative Analysis of Global Experience
The article analyzes contemporary approaches to overcoming institutional traps in the context of economic development. The relevance is determined by the fact that more than 100 countries with a population of six billion people are in a state of institutional stagnation. Based on a systematization of Russian and foreign studies from 2023-2025, key types of institutional traps are identified: middle-income, poverty, corruption, inequality, and shadow economy traps. A comparative analysis of strategies is conducted using the successful cases of South Korea and Poland and the negative experience of Brazil and Thailand. Key success factors are identified: consistent economic policy during democratization, integration into global value chains, and investment in human capital. Recommendations are formulated for adapting global experience to Russia, taking into account the specifics of resource-dependent economy.
Authors
- M. V. Bogatyreva
- Galina Khokhlova
- Oleg Repinskii
Institutions
- Irkutsk National Research Technical University (RU)
Publication Details
- Journal
- Scientific Research and Development Economics
- Published
- 2026-06-17
- DOI
- https://doi.org/10.12737/2587-9111-2026-14-3-4-10
- Primary Topic
- Economic and Technological Developments in Russia
- Type
- article
- Field-Weighted Citation Impact
- 0.00