Russian Path Dependence

Russian Path Dependence
Author :
Publisher : Routledge
Total Pages : 409
Release :
ISBN-10 : 9781134259182
ISBN-13 : 1134259182
Rating : 4/5 (82 Downloads)

Book Synopsis Russian Path Dependence by : Stefan Hedlund

Download or read book Russian Path Dependence written by Stefan Hedlund and published by Routledge. This book was released on 2005-01-23 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


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