An abnormal country
No 15/2004, BOFIT Discussion Papers from Bank of Finland, Institute for Economies in Transition
Andrei Shleifer and Daniel Treisman recently rendered a summary verdict on the post-Soviet Russian transition experience finding that the Federation had become a normal country with the west's assistance, and predicting that it would liberalize and develop further like other successful nations of its type.This essay demonstrates that they are mistaken.It shows factually, and on the norms elaborated by Pareto, Arrow and Bergson that Russia is an abnormal political economy unlikely to democratize, westernize or embrace free enterprise any time soon. JEL classification: P30, P40, P51, P52 Keywords: Russia, transition, welfare
JEL-codes: P30 P40 P51 P52 (search for similar items in EconPapers)
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Published in Published in The European Journal of Comparative Economics vol. 2, no 1 (2005), pp. 3-16
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Persistent link: https://EconPapers.repec.org/RePEc:bof:bofitp:2004_015
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