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Russian Path Dependence
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A People with a Troubled History
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Sofort lieferbar | Lieferzeit: Sofort lieferbar I
Artikel-Nr:
9780203000427
Veröffentl:
2005
Einband:
PDF
Seiten:
416
Autor:
Stefan Hedlund
Serie:
Routledge Studies in the European Economy
Sprache:
Englisch
Beschreibung:
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.
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.