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The end of the Cold War saw an unprecedented number of countries changing economic policies at the same time. One result has been the emergence of a new field of economics, postcommunist transformation theory. Written by prominent Russian analysts, the essays in this book discuss the economic policy problems that confront postcommunist countries. Most chapters focus on liberalization of the exchange rate and trade system, macroeconomic stabilization, and institutional reform. They also look at various policy options that have been pursued and their results. Underlying the book is the assumption that the transition to a market economy is both irreversible and the best path to sustained growth in Russia.

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Book Details

ISBN: 9780262072199
ISBN-10: 026207219X
Format: Hardback
(229mm x 152mm x 50mm)
Pages: 1056
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 3-Jun-2003
Country of Publication: United States

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Author Biography - Yegor Gaidar

Yegor Gaidar (1956--2009) was a Russian economist and politician and a key architect of economic reforms in Russia's transition to a market economy.

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