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Russia: An Abnormal Country

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  • Steven Rosefielde
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    Abstract

    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 on the first count, and are likely to be wrong on the second too. 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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    Article provided by Cattaneo University (LIUC) in its journal The European Journal of Comparative Economics.

    Volume (Year): 2 (2005)
    Issue (Month): 1 (June)
    Pages: 3-16

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    Handle: RePEc:liu:liucej:v:2:y:2005:i:1:p:3-16
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    Keywords: Russian economy; transition economics; comparative economic systems;

    Find related papers by JEL classification:

    • 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
    • P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General

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    1. Andrei Shleifer & Daniel Treisman, 2003. "A Normal Country," NBER Working Papers 10057, National Bureau of Economic Research, Inc.
    2. Samuelson, Paul A, 1977. "Reaffirming the Existence of "Reasonable" Bergson-Samuelson Social Welfare Functions," Economica, London School of Economics and Political Science, vol. 44(173), pages 81-88, February.
    3. Andrei Shleifer & Daniel Treisman, 2005. "A Normal Country: Russia After Communism," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 151-174, Winter.
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    Cited by:

    1. Ekaterina Zhuravskaya, 2007. "Whither Russia? A Review of Andrei Shleifer's A Normal Country," Journal of Economic Literature, American Economic Association, vol. 45(1), pages 127-146, March.
    2. Assaf Razin & Steven Rosefielde, 2011. "Currency and Financial Crises of the 1990s and 2000s," CESifo Economic Studies, CESifo, vol. 57(3), pages 499-530, September.
    3. Wladimir Andreff, 2011. "Some comparative economics of the organization of sports: Competition and regulation in north American vs. European professional team sports leagues," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00677436, HAL.

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