1. Russia as a Transitional Economy
... planners. Corruption and messing with data became a common practice among the bureaucracy by reporting incorrect data which caused the crisis to become even larger and more complex. This piece of information makes it hard to get reliable data on this topic even today, so most data are simply estimates. Heavy industry was always the focus of the Soviet economy, even in ... per capita in 1998. Russia bounced back from the August 1998 financial crash with surprising speed. Much of the reason for the recovery was weakening of the ruble, which made private producers more competitive national...
- Word Count: 1175
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate