The economic collapse of Russia
The objective of the paper is to contribute to an explanation of Russia's economic decline during its transition to capitalism. The authors argue that, to an important degree, the dismal performance of the Russian economy stems from the overall vision underpinning the transition to capitalism,...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2012-04-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9836 |
| _version_ | 1811172409806422016 |
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| author | Gerando Bracho C. Julio Lopez G. |
| author_facet | Gerando Bracho C. Julio Lopez G. |
| author_sort | Gerando Bracho C. |
| collection | DOAJ |
| description |
The objective of the paper is to contribute to an explanation of Russia's economic decline during its transition to capitalism. The authors argue that, to an important degree, the dismal performance of the Russian economy stems from the overall vision underpinning the transition to capitalism, and to the specific economic policies emanating from that vision. The paper gives first an account of the basic facts regarding Russia's economic depression in the 1990s, followed by the authors' understanding of some of the main economic policies applied, stressing important peculiarities generally overlooked in most studies. The third section analyzes the impact of some of the main economic policies of the Russian transition and ponders whether better alternatives existed. The fourth section briefly assesses the return of economic growth from 1999 onwards. The last section presents conclusions.
JEL Codes: E65, O52, P21, P24, P27
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| first_indexed | 2024-04-10T17:29:32Z |
| format | Article |
| id | doaj.art-b48dc673a09f49b88a573816299e64d0 |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:29:32Z |
| publishDate | 2012-04-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-b48dc673a09f49b88a573816299e64d02023-02-03T16:48:40ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432012-04-015823210.13133/2037-3643/9836The economic collapse of RussiaGerando Bracho C.Julio Lopez G. The objective of the paper is to contribute to an explanation of Russia's economic decline during its transition to capitalism. The authors argue that, to an important degree, the dismal performance of the Russian economy stems from the overall vision underpinning the transition to capitalism, and to the specific economic policies emanating from that vision. The paper gives first an account of the basic facts regarding Russia's economic depression in the 1990s, followed by the authors' understanding of some of the main economic policies applied, stressing important peculiarities generally overlooked in most studies. The third section analyzes the impact of some of the main economic policies of the Russian transition and ponders whether better alternatives existed. The fourth section briefly assesses the return of economic growth from 1999 onwards. The last section presents conclusions. JEL Codes: E65, O52, P21, P24, P27 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9836Capitalismeconomic growtheconomic policiesRussia's economic |
| spellingShingle | Gerando Bracho C. Julio Lopez G. The economic collapse of Russia PSL Quarterly Review Capitalism economic growth economic policies Russia's economic |
| title | The economic collapse of Russia |
| title_full | The economic collapse of Russia |
| title_fullStr | The economic collapse of Russia |
| title_full_unstemmed | The economic collapse of Russia |
| title_short | The economic collapse of Russia |
| title_sort | economic collapse of russia |
| topic | Capitalism economic growth economic policies Russia's economic |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9836 |
| work_keys_str_mv | AT gerandobrachoc theeconomiccollapseofrussia AT juliolopezg theeconomiccollapseofrussia AT gerandobrachoc economiccollapseofrussia AT juliolopezg economiccollapseofrussia |