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.
|Country of origin:
||Routledge Studies in the European Economy
||Electronic book text
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