Other
Anders Aslund
{
"authors": [
"Anders Aslund"
],
"type": "other",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace"
],
"collections": [],
"englishNewsletterAll": "ctw",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "russia",
"programs": [
"Russia and Eurasia"
],
"projects": [],
"regions": [
"Eastern Europe"
],
"topics": [
"Trade"
]
}
REQUIRED IMAGE
Other
Building Capitalism: Lessons of the Postcommunist Experience
Published on Dec 12, 2001
Source: Carnegie
One decade of postcommunist transformation has brought widely differing outcomes to the countries of the former Soviet bloc, ranging from fairly normal market economies to state-owned and state-controlled economies.
These economic systems and their performance have directly resulted from the policies the countries pursued. No country has suffered from too radical reforms-liberalization, stabilization, and privatization have driven growth. The main problem limiting growth in countries with gradual or no reforms is the rent seeking caused by transitional market distortions.
Countries with more effective democracies have produced better market reforms, because the voices of liberal market reformers are more likely to be heard in the struggle with the rent-seeking elite who would continue attempting to make money on the very transition.
Click on the link above for full text of this Policy Brief.
A limited number of print copies are also available.
Request a copy
About the Author
Anders Åslund has been a senior associate in the Russian and Eurasian Program at the Carnegie Endowment since 1994. He is a leading specialist on post-communist economic transformation, especially in Russia and Ukraine. He has served as a senior economic adviser to the governments of Russia, Ukraine, and Kyrgyzstan.
A prolific writer, Åslund has authored six books and edited nine. Most recently, he has authored Building Capitalism: The Transformation of the Former Soviet Bloc. He is a member of the Russian Academy of Natural Sciences and is an honorary professor of the Krygyz National University.
About the Author
Anders Aslund
Former Senior Associate, Director, Russian and Eurasian Program
- Putin's Decline and America's Response
- Democracy in Retreat in RussiaTestimony
Anders Aslund
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Russia Eurasia Center
- As Trump Threatens to Quit NATO, the Baltic States Are Playing for TimeCommentary
Governments in Estonia, Latvia, and Lithuania want to ensure that a U.S. military withdrawal would not leave them dangerously exposed to a Russian attack.
Sergejs Potapkins
- Could the Iran War Push Japan to Restore Russian Oil Imports?Commentary
Tokyo would have to surmount a lot of obstacles—not least Western sanctions—if it wanted to return Russian oil imports to even modest pre-2022 volumes.
Vladislav Pashchenko
- The Much-Touted Middle Corridor Transport Route Could Prove a Dead EndCommentary
For the Middle Corridor to fulfill its promises, one of these routes must become scalable. At present, neither is.
Friedrich Conradi
- Russia’s Coal Industry Is Running on Borrowed TimeCommentary
Powerful lobbyists and inertia led to Russia’s coal-mining sector missing an excellent opportunity to solve its structural problems.
Alexey Gusev
- What’s Having More Impact on Russian Oil Export Revenues: Ukrainian Strikes or Rising Prices?Commentary
Although Ukrainian strikes have led to a noticeable decline in the physical volume of Russian oil exports, the rise in prices has more than made up for it.
Sergey Vakulenko
