Kudrov Valentin
Russia and China: whose economic reforms more effective?
Russia and China: whose economic reforms more effective?
Publication Type:
The article contains comparative analysis of market reforms during last decades in Russia and China. Both countries have a lot of common features in their carrying out. At the same time there are serious distinctions in their process of market transformation. Russian reforms, in spite of their suspension during 2000-2012, turned out more advanced and close to the West than Chinese ones. However, China has advanced farther then Russia in the process of formation of innovative model of its economy.
Keywords: market | reforms | transformation | crises | efficiency | evolution | banks | innovations | privatization |
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