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Russian Path Dependence
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Russian Path Dependence : A People with a Troubled History

Book Details

Format Hardback or Cased Book
ISBN-10 0415354005
ISBN-13 9780415354004
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Jan 20th, 2005
Print length 398 Pages
Weight 920 grams
Product Classification: Economic growthEconomic history
Ksh 30,600.00
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Russia's transition to a market economy has been tortuous to say the least. In this book, Stefan Hedlund argues that the reasons for this can actually be traced back through the long sweep of Russian history.
Russia''s transition to a market economy has been tortuous to say the least. However, this book argues that the arguments and counter-arguments that pitch shock therapy against gradualism are wide of the mark and quite pointless.
Indeed, the reasons for the warped outcomes can actually be traced back through the long sweep of Russian history. Decisions made in the distant past can fully influence policy- making in the present. Hedlund''s thesis can, like this, be seen as influenced by the ''path dependency'' theories of Paul David among others.

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