This book provides a comprehensive overview of Russia's difficult
economic transition from a command economy since the early 1990s.
It covers the financial crisis of August 1998 and the global
financial crisis a decade later. Key subjects covered include
economic transition, privatization and liberalization; changes in
land ownership and agriculture; energy; foreign direct investment;
economic stabilization; and economic performance. Russia is well
endowed with raw materials, especially oil and natural gas; this
book argues that in some ways this has not helped Russia's attempts
to become a more diversified and high-tech economy. Overall, the
book demonstrates how much the Russian economy has changed in the
period. It continues - and adds to - the overview of developments
in the author's The New Russia (2002), and is the companion volume
to Political Developments in Contemporary Russia (2011) - both
published by Routledge.
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