Abstract
The collapse of the Soviet Union and the subsequent emergence of modern Russia rank among the most significant historical events of the late twentieth century. Russia’s sudden transition towards a flawed yet recognizable free-market democracy marked an enormous societal transformation which has had vast geopolitical repercussions. Even after the fall of the Soviet state and the break-away of 14 satellite republics, Russia remained the largest country in the world, with an immense territory of 6.5 million square miles, vast natural resources, a population of 143 million, and a central role in international affairs.
The views expressed in this essay are solely those of the author and do not represent the views of the International Monetary Fund, the Russian Federation, the Inter-American Dialogue, or any other affiliated party.
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Notes
Edward Hewett, ‘Is Soviet Socialism Reformable?’, originally cited in M. Donald Hancock and John Logue, Transitions to Capitalism and Democracy in Russia and Central Europe: Achievements, Problems, Prospects (Westport, CT: Praeger Publishers 2000).
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This section draws on Daniel P. Erikson’s and Peter Wolf’s Cuba: What Next? (Washington, DC: Inter-American Dialogue, Conference Report, October 2002).
M. Donald Hancock and John Logue, Transitions to Capitalism and Democracy in Russia and Central Europe: Achievements, Problems, Prospects (Westport, CT: Praeger Publishers, 2000).
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© 2005 Svetlana Vtyurina
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Vtyurina, S. (2005). Russia’s Reforms: Lessons from the Old Patron. In: Burki, S.J., Erikson, D.P. (eds) Transforming Socialist Economies. Palgrave Macmillan, London. https://doi.org/10.1057/9780230522596_3
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DOI: https://doi.org/10.1057/9780230522596_3
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