How Capitalism Was Built

Anders slund is known to make bold predictions that initially arouse controversy but soon become common wisdom. In his book Gorbachev's Struggle for Economic Reform (1989), he foresaw the collapse of the Soviet political and economic system. When others saw little but chaos, he depicted the success of Russia's market transformation in How Russia Became a Market Economy (1995). After Russia's financial crisis of 1998, although most observers declared the market economic experiment a failure, slund foresaw market economic success (Building Capitalism, 2002). In How Capitalism Was Built, Second Edition, he asks - and answers in depth for the twenty-one countries he investigates: - Why did communism collapse? - Why did Russia not choose gradual reforms like China did? - Wherein lies the relative success of postcommunist transformation? - How did the oligarchs arise and decline vis- -vis authoritarian leaders? Anyone who wants to understand the often confusing postcommunist dramas and to obtain an early insight into the future will find this intellectually stimulating book useful. The second edition includes updates to each chapter as well as new chapters on the impact of the global financial crisis and the European Union on the region.

Author: Anders Aslund
Publisher: Cambridge University Press
Published: 11/12/2012
Pages: 440
Binding Type: Paperback
Weight: 1.25lbs
Size: 9.00h x 6.00w x 1.20d
ISBN: 9781107628182

About the Author
Aslund, Anders: - Anders Aslund is a leading specialist on postcommunist economic transformation with more than 35 years of experience in the field. The author of eleven books, he has also worked as an economic advisor to the Russian, Ukrainian and Kyrgyz governments. Dr Aslund joined the Peterson Institute for International Economics in Washington DC as a senior fellow in 2006. Before that he was the Director of the Russian and Eurasian Program at the Carnegie Endowment for International Peace. He teaches at Georgetown University. He earned his PhD from Oxford University. He was born in Sweden and served as a Swedish diplomat.