1. Consolidation of Democracy in Post-Soviet Russia
... shock therapy. The government's misguided attempt to rest its reform program on fulfillment of a limited number of macroeconomic variables left the Russian economy in disarray. Despite a precipitous decline in economic productivity, radical reformers defended their macroeconomic policy, arguing that the supply side of the Russian economy would receive proper attention after stabilization. The revolutionary fervor that characterized the early economic reforms did not take ... on its collective economic back. The state socialist regime left a legacy of corruption, protectionism, price dis...
- Word Count: 1866
- Approx Pages: 7
- Grade Level: Undergraduate