BOFIT Discussion Papers, Institute for Economies in Transition, Bank of Finland
An abnormal country
Abstract: Andrei Shleifer and Daniel Treisman recently rendered a
summary verdict on the post-Soviet Russian transition experience finding
that the Federation had become a normal country with the west's assistance,
and predicting that it would liberalize and develop further like other
successful nations of its type. This essay demonstrates that they are
mistaken. It shows factually, and on the norms elaborated by Pareto, Arrow
and Bergson that Russia is an abnormal political economy unlikely to
democratize, westernize or embrace free enterprise any time soon.
Keywords: Russia; transition; welfare; (follow links to similar papers)
JEL-Codes: P30; P40; P51; P52; (follow links to similar papers)
25 pages, September 1, 2004
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