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A penetrating look into the extreme plutocracy Vladimir Putin has created and its implications for Russia's future
Offers extensive coverage of the political, economic and social affairs of the region. This survey of the countries and territories that make up the region includes 'Who's Who in Eastern Europe, Russia and Central Asia' - biographical details of more than 160 of the leading political figures in the region.
Anders Aslund is known to make bold predictions that initially arouse controversy but soon become common wisdom. In Gorbachev's Struggle for Economic Reform (1989), he foresaw the collapse of the Soviet political and economic system. After Russia's financial crisis of 1998, observers declared the market economic experiment a failure, Aslund foresaw market economic success (Building Capitalism, 2002). In How Capitalism Was Built, 2nd Edition, he asks - and answers for the twenty-one countries he investigates: * Why did communism collapse? * Why did Russia not choose gradual reforms like China did? * Wherein lies the relative success of postcommunist transformation? * How did the oligarchs arise and decline vis-a-vis authoritarian leaders? Anyone who wants to understand the often confusing postcommunist dramas and obtain an early insight into the future will find this intellectually stimulating book useful. This edition includes updates to each chapter and new chapters on the impact of the global financial crisis and the European Union.
Provides a detailed and insightful assessment of the Russian transformation from a socialist economy to a market economy. Anders Aslund discusses the preconditions of economic reform, the formation of a reform program, relations with other former Soviet republics, liberalization, macroeconomic stabilization, and privatization.
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