New Bridges Across the Chasm: Macro- and Micro-Strategies for Russia and other Transitional Economies

Joseph Stiglitz and David Ellerman
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David Ellerman: The World Bank, Washington, D. C.

Zagreb International Review of Economics and Business, 2000, vol. 3, issue 1, 41-72

Abstract: This paper deals with Russia’s transition from communism to market economy which has been harder than anticipated just a decade ago. The rise in prosperity that the market economy had promised had not been materialised. But, in other transition countries from successes and failures, lessons have been learned, strategies devised and examples set which can serve as the basis for the success of transition not only in Russia but also in other countries of East Europe. This paper discusses these very aspects.

Keywords: central planing; privatisation; social capital; tax collection (search for similar items in EconPapers)
JEL-codes: P21 P27 P52 (search for similar items in EconPapers)
Date: 2000
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