A Normal Country

47 Pages Posted: 28 Oct 2003

See all articles by Andrei Shleifer

Andrei Shleifer

Harvard University - Department of Economics; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI)

Daniel Treisman

University of California, Los Angeles (UCLA) - Department of Political Science

Multiple version iconThere are 2 versions of this paper

Date Written: October 23, 2003

Abstract

During the 1990s, Russia underwent an extraordinary transformation from a communist dictatorship to a multi-party democracy, from a centrally planned economy to a market economy, and from a belligerent adversary of the West to a cooperative partner. Yet a consensus in the US circa 2000 viewed Russia as a disastrous and threatening failure, and the 1990s as a decade of catastrophe for its citizens. Analyzing a variety of economic and political data, we demonstrate a large gap between this perception and the facts. In contrast to the common image, by the late 1990s Russia had become a typical middle-income capitalist democracy.

JEL Classification: P2, P3, P5

Suggested Citation

Shleifer, Andrei and Treisman, Daniel, A Normal Country (October 23, 2003). Available at SSRN: https://ssrn.com/abstract=460920 or http://dx.doi.org/10.2139/ssrn.460920

Andrei Shleifer (Contact Author)

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Daniel Treisman

University of California, Los Angeles (UCLA) - Department of Political Science ( email )

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