Name: Logic of Economic Reform in Russia pb
SKU: 2416463
Price: 45.21 EUR
Availability: InStock
Author: Jerry F. Hough
ISBN: 9780815737537

Select your country

Americas

Europe

Rest of the world

portada Logic of Economic Reform in Russia pb

Type

Physical Book

Publisher

Brookings Institution

Author

Jerry F. Hough

Year

2001

Language

English

Pages

318

Format

Paperback

ISBN

081573753X

ISBN13

9780815737537

Synopsis "Logic of Economic Reform in Russia pb "

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.

Customers reviews

Have you read this book? Login to add your review.

More customer reviews

0% (0)
0% (0)
0% (0)
0% (0)
0% (0)

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews

Logic of Economic Reform in Russia pb - Jerry F. Hough

Synopsis "Logic of Economic Reform in Russia pb "

Customers reviews

Frequently Asked Questions about the Book

Is the book original?

In what language is the book written?

What is the format of this book?

Questions and Answers about the Book

Opinions about Bookdelivery