Stefan Hedlund: 5 books

Russia's Market Economy is a seminal account of Russia's transition to the market, its tortuous development as a fledgling market economy through the 1990s, right through to its spectacular collapse in August 1998. Rather than beginning with the economic collapse, the book traces the historical mismanagement...

Russia's transition to a market economy has been tortuous to say the least. However, this book argues that the arguments and counter-arguments that pitch shock therapy against gradualism are wide of the mark and quite pointless. Indeed, the reasons for the warped outcomes can actually be traced back...

This book investigates cases in which national and international activities have gone massively wrong, entailing seriously negative consequences, and in which the sophisticated analytical models of social science have ceased to be helpful. Illustrations range from the global financial crisis to the...

First published in 1993. How is it possible for the three tiny Baltic republics to gain their freedom from the Soviet Union, without a single shot being fired or a single stone thrown at the oppressor? The topic of this book is the implosion of the Soviet empire. It tells the parallel stories...

Russia Since 1980 recounts the epochal political, economic, and social changes that destroyed the Soviet Union, ushering in a perplexing new order. Two decades after Mikhail Gorbachev initiated regime-wrecking radical reforms, Russia has reemerged as a superpower. It has survived a hyperdepression,...