Comparative analysis reveals effective strategies to navigate institutional traps in resource-dependent economies.
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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Repinskii et al. (2026) studied this question.
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