Andrei Shleifer and Daniel Treisman recently rendered a summary verdict on the post-Soviet Russian transition experience finding that the Federation had become a normal country with the west's assistance, and predicting that it would liberalize and develop further like other successful nations of its type. This essay demonstrates that they are mistaken. It shows factually, and on the norms elaborated by Pareto, Arrow and Bergson that Russia is an abnormal political economy unlikely to democratize, westernize or embrace free enterprise any time soon.
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Paper provided by Bank of Finland, Institute for Economies in Transition in its series BOFIT Discussion Papers with number
15/2004.
Length: 25 pages Date of creation: 01 Sep 2004 Date of revision: Handle: RePEc:hhs:bofitp:2004_015
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Find related papers by JEL classification: P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General P40 - Economic Systems - - Other Economic Systems - - - General P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Andrei Shleifer & Daniel Treisman, 2003.
"A Normal Country,"
NBER Working Papers
10057, National Bureau of Economic Research, Inc.
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