A Normal Country

Andrei Shleifer and Daniel Treisman

No 10057, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: During the 1990s, Russia underwent an extraordinary transformation from a communist dictatorship to a multi-party democracy, from a centrally planned economy to a market economy, and from a belligerent adversary of the West to a cooperative partner. Yet a consensus in the US circa 2000 viewed Russia as a disastrous and threatening failure, and the 1990s as a decade of catastrophe for its citizens. Analyzing a variety of economic and political data, we demonstrate a large gap between this perception and the facts. In contrast to the common image, by the late 1990s Russia had become a typical middle-income capitalist democracy.

JEL-codes: P2 P3 (search for similar items in EconPapers)
Date: 2003-11
Note: EFG
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Published as Shleifer, Andrei and Daniel Treisman. "A Normal Country: Russia After Communism," Journal of Economic Perspectives, 2005, v19(1,Winter), 151-174.
Published as Andrei Shleifer & Daniel Treisman, 2004. "A Normal Country," Foreign Affairs, vol 83(2).

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