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Privatization and Transition in Russia in the Early 1990s (Hardcover, New)
Loot Price: R4,626
Discovery Miles 46 260
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Privatization and Transition in Russia in the Early 1990s (Hardcover, New)
Series: Routledge Explorations in Economic History
Expected to ship within 12 - 19 working days
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Few economic events have caused such controversy as the
privatization process in Russia. Some see it as the foundation of
political and economic freedom. For others it was economics gone
wrong, and ended in "Russians stealing money from their own
country". As Russia reasserts itself, and its new brand of
capitalism, it is ever more important that policy makers and
scholars understand the roots of the economic structure and
governance of that country; what was decided, who made the
decisions and why, what actually transpired, and what implications
this has for the future of Russia. This work, written by two senior
advisors to the Russian government, has unique access to
documentation, tracking the decision making process in the Russian
Mass Privatization process. By close reference to events, and
supplemented by interviews with many of the key participants, it
shows that the policies adopted were often influenced and shaped by
different forces than those cited by current popular accounts. The
book challenges the interpretation of Russian privatization by some
of the West's most eminent economists. It underlines that
economists of all schools, who bring assumptions from the West to
the analysis of Russia, may reach false or misleading conclusions.
It is an essential guide for anyone interested in Russian economic
reform, and anyone who seeks to understand this enigmatic country,
and its actions today.
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