Books by Stefan Hedlund

Russia's transition to a market economy has been tortuous. However, this book argues that the arguments and counter-arguments that pitch shock therapy against gradualism are wide of the mark and quite pointless.

This text looks at Russia's struggle towards a market economy, and the reasons for its economic collapse in August 1998. The author contends that the chief failure was the neglect of the country's cultural heritage. However, the book also looks into Russia's Soviet and pre-Soviet history.