Russia’s Transition to Kleptocracy

Daniel Friedman

Chapter 5 in Morals and Markets, 2008, pp 73-82 from Palgrave Macmillan

Abstract: Abstract When the Soviet Union fragmented around 1990, most observers predicted a splendid economic future for its core, Russia. With a bonanza of natural resources, advanced technology and a well-educated workforce, Russia no longer had to prop up the more backward parts of the Soviet empire, nor contort itself to satisfy communist ideology.

Keywords: Black Market; Shock Therapy; Capital Flight; Communist Ideology; Royal Dutch Shell (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-61498-7_6

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DOI: 10.1057/9780230614987_6

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