Russian Economic Reform

Transitions from socialism to capitalism are complex, both in theory and practice. Russian Economic Reform enables the reader to come to a much better understanding of these momentous changes, by providing a clear and accessible account of the major features of transition. It argues that attempts to portray the reform process is a disaster are misconceived, because they fail to take account of just how badly the pre-reform economy was doing. Many of the problems that are emerging now have their antecedents in the earlier economic system.

Associate Professor of Public Policy Studies and Economics at Duke University.

Introduction; Chapter 1 Markets and plans; Chapter 2 Russian market activity; Chapter 3 Price liberalization and inflation; Chapter 4 Employment and unemployment; Chapter 5 Privatization; Chapter 6 Monopoly; Chapter 7 Income and living standards; Chapter 8 False hopes; Conclusions;