A Normal Country: Russia after Communism
Abstract
During the 1990s, Russia underwent an extraordinary transformation from a communist dictatorship to a multi-party democracy, from a centrally planned economy to a market economy, and from a belligerent adversary of the West to a cooperative partner. Yet a consensus in the US circa 2000 viewed Russia as a disastrous and threatening failure, and the 1990s as a decade of catastrophe for its citizens. Analyzing a variety of economic and political data, we demonstrate a large gap between this perception and the facts. In contrast to the common image, by the late 1990s Russia had become a typical middle-income capitalist democracy.Download Info
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Bibliographic Info
Article provided by American Economic Association in its journal Journal of Economic Perspectives.
Volume (Year): 19 (2005)
Issue (Month): 1 (Winter)
Pages: 151-174
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Handle: RePEc:aea:jecper:v:19:y:2005:i:1:p:151-174
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For corrections or technical questions regarding this item, or to correct its listing, contact: (Jane Voros) or (Michael P. Albert).
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