1. From Chaotic to State-led Capitalism.
- Author
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Lane, David
- Subjects
- *
CAPITALISM , *STATE capitalism , *TRANSITION economies , *FREE enterprise , *POSTCOMMUNISM ,RUSSIAN economic policy, 1991- ,RUSSIAN politics & government, 1991- - Abstract
The article, part of a special section on the resurgence of Russia, discusses the transition from communism to capitalism in the post-Soviet era. The failure of the neoliberal reforms of the "Washington Consensus," implemented under President Boris Yeltsin, is discussed, including the lack of expected wealth creation and economic or social stability. The move away from "chaotic capitalism" to a more corporatist, statist model under President Vladimir Putin is then discussed. Other topics discussed include elite consensus, capital accumulation, and the role of international agencies and Western governments.
- Published
- 2008
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