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Why China has done better than Russia since 1989

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Looks briefly at where China has done better than the Russian Federation in the process of transition from a centrally planned to a market economy. Examines various possible reasons for the different degree of success, drawn from such disciplines as economics, political science, international relations and history, as well the administration and processes adopted, and the cultures involved. Finally, considers a cross-discipline explanation. Concludes that it is neither possible nor desirable to seek a single explanation for such a complex question. Draws some tentative conclusions about what we can learn from the experiences of both.
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Keywords: China; Economic Systems; Market Economy; Russia

Document Type: Research Article

Publication date: July 1, 1997

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