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  2. Økonomi
  3. Makroøkonomi

The Logic of Economic Reform in Russia

Af: Jerry F. Hough Engelsk Paperback

The Logic of Economic Reform in Russia

Af: Jerry F. Hough Engelsk Paperback
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"

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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"

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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Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 338
ISBN-13: 9780815737537
Indbinding: Paperback
Udgave:
ISBN-10: 081573753X
Kategori: Makroøkonomi
Udg. Dato: 1 apr 2001
Længde: 23mm
Bredde: 154mm
Højde: 228mm
Forlag: Rowman & Littlefield
Oplagsdato: 1 apr 2001
Forfatter(e): Jerry F. Hough
Forfatter(e) Jerry F. Hough

Kategori Makroøkonomi

ISBN-13 9780815737537

Sprog Engelsk

Indbinding Paperback

Sider 338

Udgave

Længde 23mm

Bredde 154mm

Højde 228mm

Udg. Dato 1 apr 2001

Oplagsdato 1 apr 2001

Forlag Rowman & Littlefield

Kategori sammenhænge