Economic Developments in Contemporary Russia

1st Edition

Ian Jeffries

Routledge
Published November 25, 2016
Reference - 576 Pages
ISBN 9781138993259 - CAT# Y210504
Series: Guides to Economic and Political Developments in Asia

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Summary

This book provides a comprehensive overview of Russia’s difficult economic transition from a command economy since the early 1990s.  It covers the financial crisis of August 1998 and the global financial crisis a decade later.  Key subjects covered include economic transition, privatization and liberalization; changes in land ownership and agriculture; energy; foreign direct investment; economic stabilization; and economic performance.  Russia is well endowed with raw materials, especially oil and natural gas; this book argues that in some ways this has not helped Russia’s attempts to become a more diversified and high-tech economy.

Overall, the book demonstrates how much the Russian economy has changed in the period. It continues - and adds to – the overview of developments in the author’s The New Russia (2002), and is the companion volume to Political Developments in Contemporary Russia (2011) - both published by Routledge.

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