The deterioration of the postsocialist economy of Russia in the 1990s has been largely the result of:

Question

Quizplus · Accepted Answer

The deterioration of Russia's postsocialist economy in the 1990s can be attributed to a combination of factors, including the emergence of an economic oligarchy that hindered broad-based economic development, poorly executed privatization efforts influenced by Western neoliberal ideas, and the persistence of corrupt Soviet-era structures that obstructed the growth of new markets.

The Deterioration of the Postsocialist Economy of Russia in the 1990s