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Overcoming the Russian transformation crisis

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Intereconomics

Abstract

Russia's attempts at transformation into a market economy have so far resulted in a prolonged and steep economic decline. This is in stark contrast to developments in other formerly socialist countries where an initial period of economic decline was followed by strong growth. What are the reasons behind the adverse development of the Russian economy? What policy changes are required to bring Russia stability, growth and prosperity?

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References

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  1. European Institute for International Economic Relations at Potsdam University, Potsdam, Germany

    Paul J. J. Welfens

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Welfens, P.J.J. Overcoming the Russian transformation crisis. Intereconomics 34, 144–151 (1999). https://doi.org/10.1007/BF02930166

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