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

1st Edition

Stefan Hedlund

Routledge
Published July 15, 1999
Reference - 400 Pages
ISBN 9781841420530 - CAT# RU37430

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Summary

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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