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.

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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
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article

Strategies for Overcoming Institutional Traps: a Comparative Analysis of Global Experience

M. V. Bogatyreva, Galina Khokhlova, Oleg Repinskii
Scientific Research and Development Economics
Economic and Technological Developments in Russia
article

Strategies for Overcoming Institutional Traps: a Comparative Analysis of Global Experience

M. V. Bogatyreva, Galina Khokhlova, Oleg Repinskii
article en

Abstract

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.

Scientific Research and Development EconomicsVol. 14(3)
Irkutsk National Research Technical University (RU)
Peace, Justice and strong institutions
Openalex Percentile: Top 3%
Economic and Technological Developments in Russia
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