Russian Path Dependence: A People with a Troubled History (Routledge Studies in the European Economy)

by Stefan Hedlund

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Book cover for Russian Path Dependence

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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.

  • ISBN10 1134259131
  • ISBN13 9781134259137
  • Publish Date 23 January 2005 (first published 20 January 2005)
  • Publish Status Permanently Withdrawn
  • Out of Print 11 December 2022
  • Publish Country GB
  • Publisher Taylor & Francis Ltd
  • Imprint Routledge
  • Format eBook
  • Pages 402
  • Language English