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Russia' Economic Transition
Part one of term paper
In August of 1991, the collapse of the communist system in the USSR and
it's neighboring republics occurred. Out of the smoke emerged fifteen new
republics and a union known as the Commonwealth of Independent States. These new
regimes faced formidable obstacles. The collapse brought massive inflation which
in turn forced the economy into a sp ...
Part two of term paper ... 16). Many people
felt as if their current hardships could be blamed on the communists and their
economic policies, specifically their "Core-Periphery" plan.
The communist sponsored "Core-Periphery" economic policy that was
evident in Russia was quite simplistic in nature. The theory, traditionally used
to describe inter-continental trading and production, was adapted for use in the
Russian economic zones. The theory was as follows; Areas which surround the
capital (core region), usually r ...
Word count: 2425 | Approximate pages: 9
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