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Dave Kellam

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Tag: russia

Catching the pest

How China won and Russia lost. An interesting read on the driving factors behind China’s apparent economic success and Russia’s failure, while implementing seemingly similar policies. The gist of it is that many of China’s reforms came bottom-up, gradually making their evolving from rural agrarian practices, while Russia’s reforms used a top-down government mandated approach.

Posted 2009/12/11 at 2:55am / china / communism / economics / politics / russia

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