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"Uses world history, the Soviet experience, and economic analysis to demonstrate why Russian nostalgia for empire could lead to repeating past strategies that result in instability, leaving Russia vulnerable to economic downturns"--Provided by publisher.
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Collapse of an empire: lessons for modern Russia
2007, Brookings Institution Press
in English
0815731140 9780815731146
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Book Details
Table of Contents
The grandeur and the fall of empires
Modern economic growth and the era of empires
Crisis and the dismantling of overseas empires
Problems of dissolving territorially integrated empires
The yugoslav tragedy
Authoritarian regimes: the causes of instability
Challenges in the early stages of modern economic growth and authoritarianism
The instability of authoritarian regimes
Mechanics of the collapse of authoritarianism
The oil curse
The Spanish prologue
Resource wealth and economic development
Specifics of the oil market
Regulating the oil market in the twentieth century
Challenges related to price fluctuations of commodities: Mexico and Venezuela
In search of a way out: a response to the dangers of unstable commodity pricing
Cracks in the foundation: the Soviet Union in the early 1980s
Growing problems and bad decisions
Food supply problems
Food shortages-a strategic challenge
The USSR as the largest importer of food
Oil in Western Siberia: the illusion of salvation
A drop in oil prices: the final blow
The collapse of the USSR: the unexpected becomes the rule
The political economy of external shocks
Deteriorating conditions for foreign trade: political alternatives
The ussr and the drop in oil prices: the essence of the choice
A series of mistakes
Mounting problems in the soviet economy
The hard currency crisis
Economic and political liberalization against the background of the hard currency and financial problems
Development of the crisis of the socialist system
Political credits
The price of compromise
The crisis of the empire and the nationality question
Loss of control over the economic and political situation
The currency crisis
From crisis to catastrophe
"Extraordinary efforts" instead of reforms
On the brink of default
On the path to state bankruptcy
The grain problem
Prices skyrocket
Money and the fate of the empire
The fall
The political economy of the failed coup
Political death throes
Political disintegration: economic consequences
A civilized divorce.
Edition Notes
Includes bibliographical references (p. 257-314) and index.
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