Collapse of an Empire : Lessons for Modern Russia.

"My goal is to show the reader that the Soviet political and economic system was unstable by its very nature. It was just a question of when and how it would collapse...." —From the Introduction to Collapse of an Empire The Soviet Union was an empire in many senses of the word—a vast mix o...

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Bibliographic Details
Author / Creator: Gaidar, Yegor.
Other Authors / Creators:Bouis, Antonia W.
Format: eBook Electronic
Language:English
Imprint: New York, NY : Brookings Institution Press, 2007.
Subjects:
Local Note:Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2022. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Online Access:Click to View
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505 0 |a Front Cover -- Front Flap -- Title Page -- Copyright Information -- Table of Contents -- Introduction -- The Grandeur and the Fall of Empires -- Authoritarian Regimes: The Causes of Instability -- The Oil Curse -- Cracks in the Foundation: The Soviet Union in the Early 1980s -- The Political Economy of External Shocks -- Development of the Crisis in the Socialist System -- On the Path to State Bankruptcy -- The Fall -- Afterword -- Notes -- List of Abbreviations -- Index -- Back Flap -- Back Cover. 
520 |a "My goal is to show the reader that the Soviet political and economic system was unstable by its very nature. It was just a question of when and how it would collapse...." —From the Introduction to Collapse of an Empire The Soviet Union was an empire in many senses of the word—a vast mix of far-flung regions and accidental citizens by way of conquest or annexation. Typical of such empires, it was built on shaky foundations. That instability made its demise inevitable, asserts Yegor Gaidar, former prime minister of Russia and architect of the "shock therapy" economic reforms of the 1990s. Yet a growing desire to return to the glory days of empire is pushing today's Russia backward into many of the same traps that made the Soviet Union untenable. In this important new book, Gaidar clearly illustrates why Russian nostalgia for empire is dangerous and ill-fated: "Dreams of returning to another era are illusory. Attempts to do so will lead to defeat." Gaidar uses world history, the Soviet experience, and economic analysis to demonstrate why swimming against this tide of history would be a huge mistake. The USSR sowed the seeds of its own economic destruction, and Gaidar worries that Russia is repeating some of those mistakes. Once again, for example, the nation is putting too many eggs into one basket, leaving the nation vulnerable to fluctuations in the energy market. The Soviets had used revenues from energy sales to prop up struggling sectors such as agriculture, which was so thoroughly ravaged by hyperindustrialization that the Soviet Union became a net importer of food. When oil prices dropped in the 1980s, that revenue stream diminished, and dependent sectors suffered heavily. Although strategies requiring austerity or sacrifice can be politically difficult, Russia needs to prepare for such downturns and restrain spending during prosperous 
520 8 |a times. Collapse of an Empire shows why it is imperative to fix the roof before it starts to rain, and why so. 
588 |a Description based on publisher supplied metadata and other sources. 
590 |a Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2022. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.  
650 0 |a Authoritarianism -- Russia (Federation). 
650 0 |a Russia (Federation) -- Politics and government -- 1991-. 
650 0 |a Soviet Union -- Politics and government -- 1985-1991. 
655 4 |a Electronic books. 
700 1 |a Bouis, Antonia W. 
776 0 8 |i Print version:  |a Gaidar, Yegor  |t Collapse of an Empire  |d New York, NY : Brookings Institution Press,c2007  |z 9780815731146 
797 2 |a ProQuest (Firm) 
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