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The Challenges of Post- Communist Transition

In: Foreign Investment in Contemporary Russia

Author

Listed:
  • Andrei Kuznetsov

    (Manchester Metropolitan University)

Abstract

The ex-Soviet economy at the beginning of the 1990s entered into the deepest crisis in its post-war history. Some interpreted its disastrous performance as an inevitable price of change. Others, however, claimed that there was no evidence of structural change; that the economy simply risked degeneration, and that it had lost its way on the path of transition. After six years of frustrated attempts at increasing economic efficiency without sacrificing the basic principles of a command-administrative system, reforms have taken a drastic turn towards radicalism.

Suggested Citation

  • Andrei Kuznetsov, 1994. "The Challenges of Post- Communist Transition," Palgrave Macmillan Books, in: Foreign Investment in Contemporary Russia, chapter 1, pages 1-25, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37928-2_1
    DOI: 10.1057/9780230379282_1
    as

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