The Challenges of Post- Communist Transition

Andrei Kuznetsov
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Andrei Kuznetsov: Manchester Metropolitan University

Chapter 1 in Foreign Investment in Contemporary Russia, 1994, pp 1-25 from Palgrave Macmillan

Abstract: Abstract The ex-Soviet economy at the beginning of the 1990s entered into the deepest crisis in its post-war history. Some interpreted its disastrous performance as an inevitable price of change. Others, however, claimed that there was no evidence of structural change; that the economy simply risked degeneration, and that it had lost its way on the path of transition. After six years of frustrated attempts at increasing economic efficiency without sacrificing the basic principles of a command-administrative system, reforms have taken a drastic turn towards radicalism.

Keywords: Foreign Direct Investment; Host Country; Foreign Investment; Foreign Capital; Transnational Corporation (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37928-2_1

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DOI: 10.1057/9780230379282_1

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