The New Russia(English, Paperback, unknown)

The New Russia(English, Paperback, unknown)

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Publisher:Stanford University PressISBN 13: 9780804741651ISBN 10: 0804741654

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The New Russia(English, Paperback, unknown) is written by unknown and published by Stanford University Press. It's available with International Standard Book Number or ISBN identification 0804741654 (ISBN 10) and 9780804741651 (ISBN 13).

This book delivers an unpopular message: the West has played a pivotal role in the Russian economic disaster of the 1990s. Western advisors, including the International Monetary Fund and the U.S. Treasury, applied a narrow conception of economics that pushed Russia, after more than seventy years of communism, toward another failed utopia. The twenty-six contributions to this book are divided into three parts: theory, evidence, and policy. Part One directly challenges orthodox economic theory for obscuring the necessary role of government in creating and sustaining a market system and features essays by three Nobel laureates in economics-Kenneth J. Arrow, Lawrence R. Klein, and James Tobin. Part Two describes the dimensions of the economic crisis in Russia and presents a Russian perspective on the failure of shock therapy. Part Three presents policy recommendations, with special attention given to improving the integrity and administrative competence of the Russian government.