The Russian Economy in the Post-Soviet Era

 
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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



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Case Details:

Price:

Case Code : ECON027 For delivery in electronic format: Rs. 400;
For delivery through courier (within India): Rs. 400 + Rs. 25 for Shipping & Handling Charges

Themes

Economics
Case Length : 19 Pages
Period : 19915-2007
Pub. Date : 2008
Teaching Note : Not Available
Organization : --
Industry : -
Countries : Russian Federation

Abstract:

Emerging from the dissolution of the Union of Soviet Socialist Republic (USSR) or the Soviet Union, the Russian Federation (Russia) had to contend with huge economic problems. The case discusses the macroeconomic stabilization policies and economic restructuring implemented by Boris Yeltsin, the first President of Russia, to transform its centrally planned economy into one that was more market-based. The case goes on to explain the policy measures introduced subsequently by Vladimir Putin, Russia's second President. The case discusses Russia's economic condition under the two Presidents and the impact of the policies implemented by Yeltsin and Putin on the Russian economy.

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The case ends with a discussion on the challenges facing the Russian economy.

Issues:

Understand the challenges in transforming a centrally planned economy into a market-based economy.

Analyze the economic policies adopted by Yeltsin and Putin.

Analyze the future challenges facing the Russian economy.

Contents:

  Page No.
Introduction 1
Background Note 2
The Russian Economy in the Post-Soviet Era 4
The Putin Era 8
Some Perspectives 10
Outlook 11
Exhibits 13

Keywords:

Russian economy, Economic restructuring, Macroeconomic stabilization, Centrally planned, Market economy, Boris Yeltsin, Vladimir Putin, Shock therapy, Fiscal management, Oil revenues

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