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Russian Path Dependence

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Russian Path Dependence Synopsis

Russia's transition to a market economy has been tortuous to say the least. However, this book argues that the arguments and counter-arguments that pitch shock therapy against gradualism are wide of the mark and quite pointless. Indeed, the reasons for the warped outcomes can actually be traced back through the long sweep of Russian history.

Decisions made in the distant past can fully influence policy- making in the present. Hedlund's thesis can, like this, be seen as influenced by the 'path dependency' theories of Paul David among others.

About This Edition

ISBN: 9780415651592
Publication date:
Author: Stefan Hedlund
Publisher: Routledge an imprint of Taylor & Francis
Format: Paperback
Pagination: 398 pages
Series: Routledge Studies in the European Economy
Genres: Economic history
International economics
Politics and government
History

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