Transitions from socialism to capitalism are complex, both in theory and practice. Russian Economic Reform enables the reader to come to a much better understanding of these momentous changes, by providing a clear and accessible account of the major features of transition. It argues that...

Adam Smith defeats Karl Marx: this shorthand summary of the collapse of socialism in Eastern Europe and the former Soviet Union was not uncommon during the early years of reform. But would Adam Smith approve of the nature of the economic transition in Russia? This essay, drawing intensively...

The reform era in Russia has been marked by a massive increase in reported crime, including organized crime. The purpose of this paper is to look more closely at the interaction between crime and economic reform measures. Widespread economic crime in the old system paved the way for the removal...