Russia's Market Economy: A Bad Case of Predatory Capitalism

Russia's Market Economy is a seminal account of Russia's transition to the market, its tortuous development as a fledgling market economy through the 1990s, right through to its spectacular collapse in August 1998. Rather than beginning with the economic collapse, the book traces the historical mismanagement of Russian wealth through to the Soviet command economy, and on to Gorbachev. Stefan Hedlund finally discusses what lessons should be learned from the damage inflicted on the Russian economy, as well as its social, legal and political infrastructure, by the race of reform.

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Russia's Market Economy: A Bad Case of Predatory Capitalism

Russia's Market Economy is a seminal account of Russia's transition to the market, its tortuous development as a fledgling market economy through the 1990s, right through to its spectacular collapse in August 1998. Rather than beginning with the economic collapse, the book traces the historical mismanagement of Russian wealth through to the Soviet command economy, and on to Gorbachev. Stefan Hedlund finally discusses what lessons should be learned from the damage inflicted on the Russian economy, as well as its social, legal and political infrastructure, by the race of reform.

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Russia's Market Economy: A Bad Case of Predatory Capitalism

Russia's Market Economy: A Bad Case of Predatory Capitalism

by Stefan Hedlund
Russia's Market Economy: A Bad Case of Predatory Capitalism

Russia's Market Economy: A Bad Case of Predatory Capitalism

by Stefan Hedlund

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Overview

Russia's Market Economy is a seminal account of Russia's transition to the market, its tortuous development as a fledgling market economy through the 1990s, right through to its spectacular collapse in August 1998. Rather than beginning with the economic collapse, the book traces the historical mismanagement of Russian wealth through to the Soviet command economy, and on to Gorbachev. Stefan Hedlund finally discusses what lessons should be learned from the damage inflicted on the Russian economy, as well as its social, legal and political infrastructure, by the race of reform.


Product Details

ISBN-13: 9781135433734
Publisher: Taylor & Francis
Publication date: 11/01/2002
Sold by: Barnes & Noble
Format: eBook
Pages: 400
File size: 995 KB

About the Author

Stefan Hedlund (Senior Professor of Russian and East European Studies at Uppsala University, Sweden)

Table of Contents

Preface Part I Introduction 1 Russian riches mismanaged Part II Framework 2 The heavy burden of history 3 Prelude under Gorbachev 4 The West gets involved Part III The reform programme 5 Financial destabilization 6 Banks, bonds and surrogate money 7 Russia under the new regime Part IV Lessons to be learned 8 A Russian path dependence 9 Victory for the kleptocrats? 10 Whither Russia?
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