An Abnormal Country
25 Pages Posted: 18 Sep 2007
Date Written: September 1, 2004
Andrei Shleifer and Daniel Treisman recently rendered a summary verdict on the post-Soviet Russian transition experience finding that the Federation had become a normal country with the west's assistance, and predicting that it would liberalize and develop further like other successful nations of its type. This essay demonstrates that they are mistaken. It shows factually, and on the norms elaborated by Pareto, Arrow and Bergson that Russia is an abnormal political economy unlikely to democratize, westernize or embrace free enterprise any time soon.
Keywords: Russia, transition, welfare
JEL Classification: P30, P40, P51, P52
Suggested Citation: Suggested Citation