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Twenty Years Later and the Socialist Heritage is still Kicking: The Case of Russia

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  • Gur Ofer

Abstract

Only recently, 20 years after transition to a market system, has Russia regained a similar production level it had achieved on the eve of transition in 1991. This may sound surprising, given its low productivity under central planning which dropped even lower during the last decades, and the rather high level of human capital inherited from the old regime, considered by many as the main engine of growth.

Suggested Citation

  • Gur Ofer, 2010. "Twenty Years Later and the Socialist Heritage is still Kicking: The Case of Russia," WIDER Working Paper Series wp-2010-059, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2010-059
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2010-59.pdf
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    Cited by:

    1. Becker, Torbjörn, 2019. "Russia’s economy and regional spillovers," SITE Working Paper Series 48, Stockholm School of Economics, Stockholm Institute of Transition Economics.

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