The Logic of Economic Reform in Russia is popular PDF and ePub book, written by Jerry F. Hough in 2004-06-23, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Logic of Economic Reform in Russia can be Read Online from any device for your convenience.
The Logic of Economic Reform in Russia Book PDF Summary
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.
Detail Book of The Logic of Economic Reform in Russia PDF
- Author : Jerry F. Hough
- Release : 23 June 2004
- Publisher : Rowman & Littlefield
- ISBN : 0815798598
- Genre : Business & Economics
- Total Page : 340 pages
- Language : English
- PDF File Size : 16,7 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book The Logic of Economic Reform in Russia by Jerry F. Hough, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.
