Why China has done better than Russia since 1989

Abstract

Looks briefly at where China has done better than the Russian Federation in the process of transition from a centrally planned to a market economy. Examines various possible reasons for the different degree of success, drawn from such disciplines as economics, political science, international relations and history, as well the administration and processes adopted, and the cultures involved. Finally, considers a cross‐discipline explanation. Concludes that it is neither possible nor desirable to seek a single explanation for such a complex question. Draws some tentative conclusions about what we can learn from the experiences of both.

Citation

Bucknall, K.B. (1997), "Why China has done better than Russia since 1989", International Journal of Social Economics, Vol. 24 No. 7/8/9, pp. 1023-1037. https://doi.org/10.1108/03068299710178991