The economics of transition / edited by Yegor Gaidar.

Includes bibliographical references and indexes.

Foreword: The Russian Path from Communism Reconsidered / Stanley Fischer -- Introduction: Economic Reforms and Revolution / Vladimir Mau -- I. Preconditions for the Postcommunist Transformation -- 1. The Inevitability of Collapse of the Socialist Economy / Yegor Gaidar -- 2. The Logic and Nature of the Soviet Economic Crisis / Vladimir Mau -- 3. The Liberal Market Reform Program / Sergei Sinelnikov-Murylev and Alexei Uluykaev -- II. Macroeconomic Processes and Economic Policy of Postcommunist Russia - Main Stages -- 4. General Macroeconomic Problems of the Postsocialist Transition in Russia / Sergei Sinelnikov-Murylev and Georgy Trofimov -- 5. Macroeconomic Stabilization as a Sociopolitical Problem / Vladimir Mau -- 6. Problems of Macroeconomic Stabilization at the Stage of Economic Liberalization (1992) / Sergei Sinelnikov-Murylev and Georgy Trofimov -- 7. Formation of the Preconditions for Financial Stabilization / Sergei Sinelnikov-Murylev and Georgy Trofimov --

8. Financial Stabilization in Russia / Vladimir Mau, Sergei Sinelnikov-Murylev and Georgy Trofimov -- 9. Macroeconomic Stabilization and the Political Process: The Year of the Presidential Elections / Vladimir Mau, Sergei Sinelnikov-Murylev and Georgy Trofimov -- 10. Macroeconomic Stabilization and Fiscal Crisis / Sergei Arkhipov, Said Batkibekov, Sergei Drobyshevsky, Vladimir Mau, Sergei Sinelnikov-Murylev and Alexei Uluykaev -- 11. The Crisis of the Russian Financial System: Key Factors, Economic Policies, and Initial Results / Sergei Arkhipov, Said Batkibekov, Sergei Drobyshevsky, Tatiana Drobyshevskaia, Vladimir Mau, Sergei Sinelnikov-Murylev and Ilya Trounin -- 12. Financial Policy in 1999 / Sergei Arkhipov, Said Batkibekov, Tatiana Drobyshevskaia, Sergei Drobyshevsky, Olga Izryadnova, Sergei Sinelnikov-Murylev and Ilya Trounin -- 13. The Fallout of Russia's Financial Crisis on Its Neighbors / Marek Dabrowski -- III. Institutional Reforms in the Russian Economy --

14. Privatization, Ownership Redistribution, and Formation of the Institutional Basis for Economic Reforms / Alexander Radygin -- 15. Main Corporate Governance Mechanisms and Their Specific Features in Russia / Alexander Radygin and Natalia Shmeleva -- 16. Russian Banks in the Transition Period / Igor Doronin and Alexander Zakharov -- 17. Institutional Reforms in the Agro-Industrial Complex / Natalia Karlova, Irina Khramova, Eugenia Serova and Tatiana Tikhonova -- 18. Institutional Reforms in the Sociocultural Sphere / Irina Rozhdestvenskaya and Sergei Shishkin -- 19. Reform in Housing and Public Utilities / Irina Starodubrovskaya -- IV. Real Sector of the Economy: Adaptation Problems -- 20. General Trends in the Real Sector in the Reform Period / Evgeni Gavrilenkov and Olga Izryadnova -- 21. Development Specifics of Real Sector Industries / Yuri Bobylev and Eugenia Serova --

22. International Business in the Period of Market Reforms / Natalia Leonova, Sergei Prikhodko and Nadezhda Volovik -- V. The Social Price of Reforms -- 23. Certain Trends in the Evolution of the Labor Market / Alexander Smirnov -- 24. Household Income in the Period of Economic Reforms / Igor Kolosnytsyn -- VI. Economic Reform and Public Opinion Dynamics -- 25. Key Trends in the Population's Attitudes Toward Market Reforms / Tatiana Koval -- 26. Some Conclusions / Yuri Bobylev, Revold Entov, Olga Izryadnova, Vladimir Mau, Sergei Prikhodko, Alexander Radygin, Eugenia Serova, Sergei Sinelnikov-Murylev and Sergei Tsukhlo -- App. I. Modeling Inflation Dynamics, 1992 Through 1998 / Sergei Drobyshevsky -- App. II. Arrears: A Macroeconomic Analysis / Oleg Lugovoy -- App. III. Modeling Tax Revenues and the Tax Liabilities of Russian Taxpayers, 1992 Through 1998 / Pavel Kadotchnikov and Sergei Sinelnikov-Murylev --

App. IV. Monetary Policy and the Expectations Hypothesis on the Russian Government Bond Market / Sergei Drobyshevsky -- App. V. Leading Indicators of the Russian Currency Crisis in August 1998 / Sergei Drobyshevsky -- Statistical Appendix.