Product Description: Bear Traps examines Russia’s longer term economic growth prospects. It argues that Russia’s growth challenges are conventionally misdiagnosed and examines the reasons why: a spatial misallocation that imposes excess costs on production and investment; distortions to human capital; an excessively high relative price of investment that serves as a tax on physical capital accumulation; and an economic mechanism that inhibits adjustments that would correct the misallocation...read more

Product Description: For nearly 40 years, the political economy of Russia has been shaped by its heavy reliance on oil and gas wealth. Through alternating periods of boom and bust, Russia's fortunes and the legacies of its leaders have been dependent on the fluctuating value of its oil and natural gas...read more

Product Description: Can Russia ever become a normal, free-market, democratic society? Why have so many reforms failed since the Soviet Union's collapse? In this highly-original work, Fiona Hill and Clifford Gaddy argue that Russia's geography, history, and monumental mistakes perpetrated by Soviet planners have locked it into a dead-end path to economic ruin...read more

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Product Description: For nearly sixty years, the Soviet Union had the most militarized economy in history. The sheer volume of arms produced, and the physical and human dimensions of the industrial apparatus used to produce those arms, was unmatched. Militarization affected every fiber of the economic system; for individuals and households, it provided support for measures to restrict free choice in almost every aspect of people's personal lives, from where they lived and worked to what they ate and wore...read more

Product Description: Book by GADDY, Clifford G.

Product Description: In December 1991 the Union of Soviet Socialist Republics—born in violent revolution and dominated for more than six decades by highly authoritarian rule—was dissolved by its constituent republics. The causes for this remarkable event will be probed for many years to come...read more