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Comparing Apples: Normalcy, Russia, and the Remaining Post-Socialist World

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  • Peter T. Leeson

    (Department of Economics, West Virginia University)

  • William N. Trumbull

    (Department of Economics, West Virginia University)

Abstract

Shleifer and Treisman (2005) argue that Russia is a “normal country.” Their benchmark for normalcy, however, refers primarily to middle-income countries like Mexico and Argentina. We propose that a more meaningful benchmark is the experience of other post-socialist transition countries, which share common political and economic histories with Russia, and have faced similar transition obstacles since communism’s collapse. We compare Russia’s economic performance, media freedom, democracy, and corruption since Russia began transition, to these benchmarks in all other post-socialist countries since they began their transitions. We find that Russia consistently and significantly performs below normal compared to its cohort.

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File URL: http://www.be.wvu.edu/div/econ//work/pdf_files/06-03.pdf
File Function: First version, 2006
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Bibliographic Info

Paper provided by Department of Economics, West Virginia University in its series Working Papers with number 06-03 Classification-.

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Length: 36 pages
Date of creation: 2006
Date of revision:
Handle: RePEc:wvu:wpaper:06-03

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Cited by:
  1. Peter Leeson & Christopher Coyne, 2007. "The reformers’ dilemma: media, policy ownership, and reform," European Journal of Law and Economics, Springer, vol. 23(3), pages 237-250, June.
  2. Ruta Aidis & Saul Estrin & Tomasz Mickiewicz, 2007. "Institutions and Entrepreneurship Development in Russia:A Comparative Perspective," CEDI Discussion Paper Series 07-03, Centre for Economic Development and Institutions(CEDI), Brunel University.

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