Does Russia Have a "Market Economy"?
Does Russia Have a "Market Economy"?
Author(s): Richard E. EricsonSubject(s): National Economy, Economic policy, Government/Political systems, Political economy, Economic development, Post-Communist Transformation
Published by: SAGE Publications Ltd
Keywords: Russia; transition period; Russian economy; transition policies; market economy; economic development; marketizing reform;
Summary/Abstract: It is now widely asserted that the Russian "transition" has been a failure. The Russian economy is perceived by many to be in a state of near, if not full, collapse, with little hope of recovery in the near future. Yet the transition policies that have led to this apparently disastrous situation are still credited with having made Russia a market economy, albeit it a highly flawed and distorted one. Thus, many place blame for the current situation on an overly hasty marketization of a society and an economy ill-prepared for modern markets. [...]
Journal: East European Politics and Societies
- Issue Year: 15/2001
- Issue No: 02
- Page Range: 291-319
- Page Count: 29
- Language: English
- Content File-PDF
