A Normal Country
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.
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| Length: | |
| Date of creation: | 2003 |
| Handle: | RePEc:fth:harver:2019 |
| Contact details of provider: | Postal: 200 Littauer Center, Cambridge, MA 02138 Phone: 617-495-2144 Fax: 617-495-7730 Web page: http://www.economics.harvard.edu/journals/hier More information through EDIRC
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References listed on IDEAS
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