This work examines ideas about the role of law and legal reform
in the creation of market economies, focusing on the process of
post communist transition in Russia. Processes of transition in
Russia were guided by a set of very specific neoliberal ideas about
the nature of markets and capitalism, about the role of law and the
primacy of the economic over the legal and political. These ideas
however have come under fire as a result of the Russian experience
of transition and the serious problems encountered by reforms. This
led to a revision of the original neoliberal ideas, not least
concerning the role of law and its relationship to the economic and
the political. The result has been the emergence of a much more
complex body of ideas about the role law plays in economic
transformation.
This book aims to close a gap in the literature on post
communist transition by offering a theoretical interpretation of
Russia's experience which makes transition reform models comparable
to development reform models. Focusing on the role of law and the
relationship of economic priorities to law reform, this work offers
a critical evaluation of currently dominant theories of economic
and legal reform put to use in varied transition and development
scenarios. In looking at the ideas which directed and animated
reform in Russia, an enquiry is thus made into the wider
relationship between democracy, regulation and the market in
contemporary capitalism.
Neoliberalism and the Law in Post Communist Transition will
equip scholars and students of development studies, law, political
economy and international economics with a critical guide to
transition focused on the often neglected legal aspect of the
reforms.
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