Russia'S Economic Transformation In The 1990s

Description: A collection of articles on the Russian economic transformation written from 1991 until 1994. It offers an inside perspective of the reform process, with all the articles written by people who were involved in the economic reforms. Whilst unanimously advocating radical reform, the contributor's provide empirical evidence of the pressing economic issues of the period. They are critical of the reform process, advocating that the reforms were not radical enough in content or approach. Contents: Part 1 Preconditions: a critique of Soviet reform plans, Anders Aslund; social, political and institutional aspects, Sergei A. Vasiliev. Part 2 Liberalization and privitization: the first half year of Russian transformation, Marek Dabrowski; problems in foreign trade regulation, Petr Aven; main issues of privatization in Russia, Anatoly B. Chubais and Maria Vishnevskaya. Part 3 Macroeconomic stabilization: remaining steps to a market-based monetary system, Jeffrey D. Sachs and David A. Lipton; farewell, ruble zone, Brigitte Granville; macroeconomic policy and stabilization in Russia, Boris G. Federov; why Russia has failed to stabilize, Jeffrey D. Sachs. Part 4 Social evaluation: the conditions of life, Andrei Illarionov, Richard Layard and Peter Orszag; labour market adjustment - the Russian way, Richard Layard and Andrea Richter.