Russian path dependence

Bibliographic Information

Russian path dependence

Stefan Hedlund

(Routledge studies in the European economy, 15)

Routledge, 2005

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Note

Includes bibliographical references (p. [373]-384) and index

Description and Table of Contents

Description

Russia's transition to a market economy has been tortuous to say the least. However, this book argues that the arguments and counter-arguments that pitch shock therapy against gradualism are wide of the mark and quite pointless. Indeed, the reasons for the warped outcomes can actually be traced back through the long sweep of Russian history. Decisions made in the distant past can fully influence policy- making in the present. Hedlund's thesis can, like this, be seen as influenced by the 'path dependency' theories of Paul David among others.

Table of Contents

Part 1: Introduction 1. History Matters Part 2: The Setting 2. Stationary Bandits 3. Successor States Part 3: The Lock-In 4. Lords of all Rus 5. The Only True Christians 6. The Patrimonial State Part 4: The Path Dependence 7. The Apogee of Patrimonialism 8. Failures to Break Out 9. Back to Muscovy Part 5: Breaking with the Past 10. Another Time of Troubles 11. Muscovy Reconstituted 12. Achieving Credible Commitment

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