The Logic of Economic Reform in Russia

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9780815737537: The Logic of Economic Reform in Russia


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.


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About the Author:

Jerry F. Hough is professor of political science and public policy at and a nonresident senior fellow at the Brookings Institution. His books include Democratization and Revolution in the USSR, 1985-1991 (Brookings, 1997) and Russia and the West: Gorbachev and Reform (Simon and Schuster, 1988; rev. 1990).

Review:

"In fact, anyone interested in Russia's future should pay attention to what Hough concludes must be done to make the reform worngs right." —Anonymous, Russian Life, 11/1/2001



"Hough exposes better than others what was going on behind the facade of reforms." —Robert Legvold, Foreign Affairs, 11/1/2001



"Jerry Hough is probably the profession's most diligent Sovietologist. Hardly a source escapes his eye...." —Marshall I. Goldman, Harvard University, International Affairs, 4/1/2002



"Jerry F. Hough offers a provocative thesis to account for the failure of the economic program pursued by the El'tsin government in the 1990s." —Thomas F. Remington, Emory University, Slavic Review, 12/1/2002

"Sobre este título" puede pertenecer a otra edición de este libro.

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ISBN 10: 081573753X ISBN 13: 9780815737537
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Descripción BROOKINGS INSTITUTION, United States, 2001. Paperback. Estado de conservación: New. New.. Language: English . Brand New Book. 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���Zs 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���Zs 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���Zs 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. Nº de ref. de la librería AAN9780815737537

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Jerry F. Hough
Editorial: BROOKINGS INSTITUTION, United States (2001)
ISBN 10: 081573753X ISBN 13: 9780815737537
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Descripción BROOKINGS INSTITUTION, United States, 2001. Paperback. Estado de conservación: New. New.. Language: English . Brand New Book. 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 Russiaà ¿½Zs 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 Yeltsinà ¿½Zs 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 Yeltsinà ¿½Zs 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. Nº de ref. de la librería AAN9780815737537

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Editorial: Brookings Institution (2001)
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Descripción Brookings Institution, 2001. PAP. Estado de conservación: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Nº de ref. de la librería CE-9780815737537

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Descripción Brookings Institution. Paperback. Estado de conservación: new. BRAND NEW, The Logic of Economic Reform in Russia, Jerry F. Hough, 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?+?Zs 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?+?Zs 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?+?Zs 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. Nº de ref. de la librería B9780815737537

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Descripción Brookings Inst Pr, 2001. Paperback. Estado de conservación: New. Nº de ref. de la librería DADAX081573753X

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Descripción Brookings Institution Press, 2001. Paperback. Estado de conservación: New. BRAND NEW COPY, Perfect Shape, Not a Remainder, No Black Remainder Mark MH157-308Fast Shipping With Online Tracking, International Orders shipped Global Priority Air Mail, All orders handled with care and shipped promptly in secure packaging, we ship Mon-Sat and send shipment confirmation emails. Our customer service is friendly, we answer emails fast, accept returns and work hard to deliver 100% Customer Satisfaction!. Nº de ref. de la librería 0803160028

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Descripción Brookings Inst Pr, 2001. Paperback. Estado de conservación: Brand New. 318 pages. 9.25x6.25x0.75 inches. In Stock. Nº de ref. de la librería __081573753X

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