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The Logic of Economic Reform in Russia
Engelsk
Bogcover for The Logic of Economic Reform in Russia af Jerry F. Hough, 9780815737537
Specifikationer
Sprog:
Engelsk
Sider:
338
ISBN-13:
9780815737537
Indbinding:
Paperback
ISBN-10:
081573753X
Kategori:
Udg. Dato:
1 apr 2001
Størrelse i cm:
22,8 x 15,4 x 2,3
Oplagsdato:
1 apr 2001
Forfatter(e):

The Logic of Economic Reform in Russia

Engelsk
Paperback 2001
Format:

Bog beskrivelse
"

This book examines the failure of economic reform in Russia since 1991, when Boris Yeltsin proclaimed his commitment to economic stabilization, privatization, and price liberalization. Optimism over Russia¡¯s market reforms vanished with the crash of August 1998, when the ruble lost over 70 percent of its value and banks defaulted on their debts and forward currency contracts. Contrary to Yeltsin¡¯s reform promises, the Russian economy of the 1990s more closely resembled a Soviet model than a market-driven one. The Logic of Economic Reform in Russia illuminates the general problems of establishing market economies in settings where the institutional system to support the market has not had decades to develop. Suggesting that corruption may be associated with growth in the early stages of capitalism, Jerry F. Hough argues that the disappointing results of Yeltsin¡¯s reform efforts were not the product of Russian culture or history, but the logical consequences of rational men responding to the incentive system created by economic reform.

"
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Specifikationer
Sprog:
Engelsk
Sider:
338
ISBN-13:
9780815737537
Indbinding:
Paperback
ISBN-10:
081573753X
Kategori:
Udg. Dato:
1 apr 2001
Størrelse i cm:
22,8 x 15,4 x 2,3
Oplagsdato:
1 apr 2001
Forfatter(e):
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