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The Logic Of Economic Reform In Russia
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Book Synopsis The Logic of Economic Reform in Russia by : Jerry F. Hough
Download or read book The Logic of Economic Reform in Russia written by Jerry F. Hough and published by Rowman & Littlefield. This book was released on 2004-06-23 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Political Logic of Economic Reform in China by : Susan L. Shirk
Download or read book The Political Logic of Economic Reform in China written by Susan L. Shirk and published by Univ of California Press. This book was released on 2023-04-28 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chinese communist political institutions are more flexible and less centralized than their Soviet counterparts were. Shirk pioneers a rational choice institutional approach to analyze policy-making in a non-democratic authoritarian country and to explain the history of Chinese market reforms from 1979 to the present. Drawing on extensive interviews with high-level Chinese officials, she pieces together detailed histories of economic reform policy decisions and shows how the political logic of Chinese communist institutions shaped those decisions. Combining theoretical ambition with the flavor of on-the-ground policy-making in Beijing, this book is a major contribution to the study of reform in China and other communist countries.
Book Synopsis Russian Economic Reform by : James Leitzel
Download or read book Russian Economic Reform written by James Leitzel and published by Routledge. This book was released on 2005-06-22 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Russia's Economy in an Epoch of Turbulence by : Vladimir Mau
Download or read book Russia's Economy in an Epoch of Turbulence written by Vladimir Mau and published by Routledge. This book was released on 2017-11-27 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the course of the last thirty years post-communist Russia has either been struggling with crises, discussing the lessons learned from past crises, or attempting to trace the contours of future crises. Based on the author’s own experiences and his research over this long period, this book traces the logic of the development of the crises and the anti-crisis policies, and shows the continuity, or discontinuity, in determining particular solutions. It demonstrates how perceptions of the priorities for economic policy, and the problems of economic growth and the formation of a new model and its alternatives were formed and how they changed. It also outlines the evolution of ideas about the role of social politics and human capital sectors in addressing anti-crisis and modernization issues, and discusses the changing views on the institutional and structural priorities for Russia’s development. This is an important book on an economic subject of crucial global significance by a leading participant.
Book Synopsis Radical Reform in Yeltsin's Russia by : Lynn D. Nelson
Download or read book Radical Reform in Yeltsin's Russia written by Lynn D. Nelson and published by M.E. Sharpe. This book was released on 1995 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the political and organizational factors that have shaped Russian economic reforms since the demise of the USSR, the author of this text draws on a variety of sources that cover political transition, economic reform, and regional and federal structures and processes.
Book Synopsis Russian Economic Reform by : Jim Leitzel
Download or read book Russian Economic Reform written by Jim Leitzel and published by Psychology Press. This book was released on 1995 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on the actual pre-reform conditions including the widerspread private, informal economic activity.
Book Synopsis Russia's Virtual Economy by : Clifford G. Gaddy
Download or read book Russia's Virtual Economy written by Clifford G. Gaddy and published by Brookings Institution Press. This book was released on 2002 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clifford Gaddy's and Barry Ickes' thesis-- that Russia's economy is based on illusion or pretense about nearly every important economic yardstick, including prices, sales, wages and budgets-- has forced broad recognition of the inadequacies of the intended market reform policies in Russia and provided a coherent framework for understanding how and why so much of Russia's economy has resisted reform.
Book Synopsis The Challenge of Revolution by : Vladimir Mau
Download or read book The Challenge of Revolution written by Vladimir Mau and published by OUP Oxford. This book was released on 2001-02-22 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides an challenging and controversial explanation of the recent events in Russia. It examines the causes, processes, and consequences of Russia's recent political development. Drawing on, and criticizing the existing literature, the book also shows how the recent Russian experience casts light on general theories of revolution and comparative political developments. The transformation in Russia is usually compared with transformations in other post-communist countries. The authors argue that the Russian transformation should be explained in the logic of the great revolutions of the past such as the English Civil War, the French Revolution, and the Bolshevik Revolution. The difficulties and inconsistency of Russian reforms are usually explained as a result of mistakes made by reformers. This book argues, however, that these problems should be considered as a natural consequence of the 'weak state'. In revolution the weakness of state power is inevitable (resulting from social fragmentation, property rights transformation, changes in the interests of different social groups). Hence, the authors argue that most of the transitional problems in Russia were unavoidable. The authors go on to argue that revolutions are usually considered as rapid change made through violence. However, the spontaneous character of change in the situation of a weak state is a much more important feature of any revolution than violence. The book contains unique interviews with four leaders of the Russian transformation - Mikhail Gorbachev, Alexander Yakovlev, Yegor Gaidar, and Gennadii Burbulis - as well as the personal experience of the authors, who were deeply involved in the practical process of Russian transformation.
Book Synopsis Economic Reform in Russia : Social, Political and Institutional Aspects by :
Download or read book Economic Reform in Russia : Social, Political and Institutional Aspects written by and published by . This book was released on 1992 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Logic of the Market by : Weiying Zhang
Download or read book The Logic of the Market written by Weiying Zhang and published by Cato Institute. This book was released on 2015-01-20 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Logic of the Market by Weiying Zhang—considered China’s “leading market liberal”—comprises his most influential essays on economics over the past three decades. First published in China in 2010, this revised edition contains three new essays, which offer those outside China a deeper understanding of the Chinese economy. “Market competition is a really just competition to create value for others... Only through this approach did the Western economy advance over the past 200 years. It is also the reason for China’s economic marvel over the past 30 years,” writes Weiying. Readers will appreciate Weiying’s ability to address both everyday economic issues and the questions that confront a nation’s leaders, not the least a nation seeking to escape mass poverty. The economic reforms and subsequent growth in China may be the most astonishing and hopeful event of our age. Weiying was among the leaders who set China on its path of change. Here he elucidates the pitfalls and the progress of economic reform, celebrating leaders who mixed sustained idealism with judicious compromise. Readers seeking to learn from China’s successes will find much of interest here. Weiying emphasizes the importance of entrepreneurs in the new China. He concludes, “The key for China, as the country with the world’s largest population, to return to being the largest economy lies in allowing the entrepreneurial spirit to develop the potential of the domestic market.” For that to happen, Weiying recommends that China continue to reduce the state-owned economy, lessen government control over the economy, and—over the next 30 years—emphasize political reform to build a constitutional democracy. His thinking is not limited to China. Some of these essays also focus on the global financial crisis—how Keynesian policies can only be effective for the short term and will bring long-term negative consequences. Weiying provides a unique perspective on his country’s market economy, implementation of economic policies, and the potential for Chinese economic development. “I hope that the logic of the market becomes every person’s ideal,” he writes. “That is my reason for writing this book.”
Book Synopsis Conversations on Russia by : Padma Desai
Download or read book Conversations on Russia written by Padma Desai and published by Oxford University Press. This book was released on 2006-04-13 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of the discussion of Russia's recent post-Communist history has amounted, both in Russia and the West, to a series of monologues by strong-minded people with starkly divergent views. In contrast, Padma Desai's conversations with influential, intelligent participants and observers provide the reader with a broad, nuanced view of what has and has not happened in the last fourteen years, and why. Conversations from Russia will thus serve as a much-needed reference volume, both for academics who study Russia and for laypeople who only have vague perceptions of what has occurred in Russia since the collapse of Communism. In conversations with important figures like Boris Yeltsin, George Soros, Anatoly Chubais, and Yegar Gaidar, Desai considers questions like why the Soviet Union fell apart under Gorbachev, what went wrong with economic reforms after Gorbachev, whether the privatization of Russian assets could have been managed differently, and what the prospects are for the Russian economy in the near future. Desai, a recognized expert in the field of Soviet studies, ties the interviews together with an introduction, ultimately reaching her own judgment on each issue considered in the conversations. This book will appeal to researchers and students in developmental economics, political economy, and Soviet studies, and educated laypeople interested in Russia.
Book Synopsis Ten Years of Russian Economic Reform by : Sergei Vasiliev
Download or read book Ten Years of Russian Economic Reform written by Sergei Vasiliev and published by . This book was released on 1999 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Logic of Economic Reform in Russia by : Jerry F. Hough
Download or read book The Logic of Economic Reform in Russia written by Jerry F. Hough and published by Rowman & Littlefield. This book was released on 2004-06-23 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Struggle to Save the Soviet Economy by : Chris Miller
Download or read book The Struggle to Save the Soviet Economy written by Chris Miller and published by UNC Press Books. This book was released on 2016-10-13 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: For half a century the Soviet economy was inefficient but stable. In the late 1980s, to the surprise of nearly everyone, it suddenly collapsed. Why did this happen? And what role did Soviet leader Mikhail Gorbachev's economic reforms play in the country's dissolution? In this groundbreaking study, Chris Miller shows that Gorbachev and his allies tried to learn from the great success story of transitions from socialism to capitalism, Deng Xiaoping's China. Why, then, were efforts to revitalize Soviet socialism so much less successful than in China? Making use of never-before-studied documents from the Soviet politburo and other archives, Miller argues that the difference between the Soviet Union and China--and the ultimate cause of the Soviet collapse--was not economics but politics. The Soviet government was divided by bitter conflict, and Gorbachev, the ostensible Soviet autocrat, was unable to outmaneuver the interest groups that were threatened by his economic reforms. Miller's analysis settles long-standing debates about the politics and economics of perestroika, transforming our understanding of the causes of the Soviet Union's rapid demise.
Book Synopsis The Rule Of Law And Economic Reform In Russia by : Jeffery Sachs
Download or read book The Rule Of Law And Economic Reform In Russia written by Jeffery Sachs and published by Westview Press. This book was released on 1997-06-06 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays examines how Russia's distinctive traditions of law-and lawlessness-are shaping the current struggle for economic reform in the country.
Book Synopsis The Rule of Law and Economic Reform in Russia by : Jeffery Sachs
Download or read book The Rule of Law and Economic Reform in Russia written by Jeffery Sachs and published by . This book was released on 2019-09-13 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: What impact has Russia's chosen path of reform had on the development of law after the collapse of the communist regime? This collection of essays examines how Russia's distinctive traditions of law?and lawlessness?are shaping the current struggle for economic reform in the country. Nine renowned scholars, chosen from specialties in history, politi
Book Synopsis Democratization and Revolution in the USSR, 1985-91 by : Jerry F. Hough
Download or read book Democratization and Revolution in the USSR, 1985-91 written by Jerry F. Hough and published by Brookings Institution Press. This book was released on 1997-05-01 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Democratization and Revolution in the USSR, 1985-91 presents a strikingly new view of the Gorbachev era and the reasons for the collapse of the Soviet Union. Written by one of America's most distinguished specialists on the former Soviet Union, this is the first comprehensive overview of the Gorbachev period and describes it as a real revolution, not mere "reform." According to Hough, despite Mikhail Gorbachev's talk of a regulated market, he never understood that a market must be created on a solid institutional and legal base. He was determined to use democratization to free himself from party control, but he saw democracy as a way of achieving near- universal consensus, not a mechanism for forcing through difficult choices. The many memoirs that have become available in the last few years, including those of Gorbachev himself, show that Premier Nikolai Ryzhkov and the "bureaucrats" in his government actually were the serious economic reformers in the leadership. Gorbachev opposed the key transitional steps at every stage and was far closer to the assumptions of shock therapy than he or his opponents ever recognized. Hough explains that Gorbachev was not alone in thinking that the destruction of old institutions was enough to unleash a market. Westerners also talked of leaping a chasm in a single jump as if democratic and market institutions existed pre-created on the other side. But, precisely because Gorbachev (and later Boris Yeltsin) was encouraged in all his worst mistakes by Western advice, his failure has crucial implications for Western thinking about the process of democratization and marketization. This unprecedented book explores those implications in depth. Selected by Choice as an Outstanding Book for 1998
