@techreport{NBERw10057, title = "A Normal Country", author = "Andrei Shleifer and Daniel Treisman", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "10057", year = "2003", month = "November", URL = "http://www.nber.org/papers/w10057", abstract = {During the 1990s, Russia underwent an extraordinary transformation from a communist dictatorship to a multi-party democracy, from a centrally planned economy to a market economy, and from a belligerent adversary of the West to a cooperative partner. Yet a consensus in the US circa 2000 viewed Russia as a disastrous and threatening failure, and the 1990s as a decade of catastrophe for its citizens. Analyzing a variety of economic and political data, we demonstrate a large gap between this perception and the facts. In contrast to the common image, by the late 1990s Russia had become a typical middle-income capitalist democracy.}, }