Stability and disorder: An evolutionary analysis of Russia’s virtual economy

Clifford G. Gaddy, Barry W. Ickes

Research output: Chapter in Book/Report/Conference proceedingChapter

3 Citations (SciVal)

Abstract

The much-heralded “transition to the market” in Russia is now widely recognized to be a far more complex and open-ended process than many at first expected. Boris Yeltsin’s last state-of-the-federation speech to the Duma reflected this realization: “We are stuck halfway between a planned, command economy and a normal, market one. And now we have an ugly model-a crossbreed of the two systems.” Yeltsin’s mixing of metaphors-the spatial with the biological-reflected the fundamental confusion in logic that has plagued economic policymaking in post-Soviet Russia. A hybrid-the biological mixture of two genotypes-is not a halfway point. If it were, the current dilemma would be simpler to resolve.

Original languageEnglish (US)
Title of host publicationRussia in the New Century
Subtitle of host publicationStability or Disorder?
PublisherTaylor and Francis
Pages103-125
Number of pages23
ISBN (Electronic)9780429966064
ISBN (Print)9780813390413
DOIs
StatePublished - Jan 1 2018

All Science Journal Classification (ASJC) codes

  • General Social Sciences

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