The COMING RUSSIAN BOOM
| Author | : | |
| Rating | : | 4.76 (961 Votes) |
| Asin | : | 0684827433 |
| Format Type | : | paperback |
| Number of Pages | : | 400 Pages |
| Publish Date | : | 2014-01-25 |
| Language | : | English |
DESCRIPTION:
"We have always been more optimistic than most people about Russia," they write. Five times it has failed. They ask the big questions: Will Russia prosper? Can democracy survive? Can reformers beat the mob? Yes, yes, and maybe, they answer, in this well-researched book that challenges the pessimism of conventional wisdom. Its sixth try--going on right now--is likely to succeed, say the authors. Russia has tried to modernize its economy and liberalize its politics six times over the last three centuries.
The Russian boom? The Russian bust! A Customer For those who have worked with or in Russia know better than this book. There is little reason to be optimistic about Russia. This book was published two years before anyone who invested in Russia basically lost their shirt. All the people who were to move Russia forward ended up being little more than con-artists and thieves. You can do the math yourself. What would an investiment in the Russian stock market in 1996 have returned? What would an investment in the US market have. An eye-opener! A Customer The Coming Russian Boom is a warning to those who sit idle thinking that they have figured out the great mystery that is Russia. It gives us solid understanding of the economic health of Russia and why there should be optimism about its future.
"The Coming Russian Boom" introduces Westerners to a Russia that is far healthier and more promising than the one they have read about in the papers, and shows how the greatest political-economic challenge of the post-Cold War world has become a resounding and exemplary triumph. Inflation is finally under control, and with the growing success of privatization, many opportunities have emerged for both Russians and foreigners. And it uses underlying economic structure to illuminate the surface confusion that will always be Russia.. Politicians, economists, and businesspeople alike have watched with great interest as the new Russia has scrambled to get on its feet. Democracy and free markets have taken root in Russia for good. Layard and Parker argue that Russia has passed the crucial point of dependency on Boris Yeltsin; it has built a successful multiparty democracy; and it has passed through the worst of the economic aftershocks of communism. As support for the communists has waned and waxed, Westerners have worried: Are Russia's troubles merely the growth pains of a rich new market waiting to take off? Or should businessmen and tourists stay away? The bottom line, argue Richard Layard and John