Originally published in 2004. The collapse of the USSR and the emergence of 15 new states from its ashes presents another challenge to the global economy: how to reintegrate the post-Soviet space into the international economy. The spread of liberal market ideology and integration of national economic spaces into a global marketplace faces unique difficulties in the former USSR. This insightful volume explains these challenges, showing how Soviet legacies have worked against a smooth re-entry of Russia, Ukraine and Belarus into the global economy. It also demonstrates how and why global economic forces have had very uneven effects in the area, how the area differs from other parts of the post-communist world where reintegration has proceeded more smoothly, and what the future prospects and political implications are for the region in the global economy.
Contents: Global economy, the USSR and post-Soviet change, Neil Robinson; A fickle benefactor: Russia and the global economy as a resource for change, Neil Robinson; Trade, investment and debt: Ukraine's integration into world markets, Marko Bojcun; Continuity over change: Belarus, financial repression and reintegration with Russia, Julia Korosteleva; Merchandise foreign trade in Russia, Ukraine and Belarus, Nadia Lisovskaya; Path dependency, global economy and post-Communist change, Neil Robinson; From 'transition' to dependent development: the new periphery in global financial capitalism, Anastasia Nesvetailova; Bibliography; Index.
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