TY - JOUR AU - Shleifer,Andrei AU - Treisman,Daniel TI - A Normal Country JF - National Bureau of Economic Research Working Paper Series VL - No. 10057 PY - 2003 Y2 - November 2003 UR - http://www.nber.org/papers/w10057 L1 - http://www.nber.org/papers/w10057.pdf N1 - Author contact info: Andrei Shleifer Department of Economics Harvard University Littauer Center M-9 Cambridge, MA 02138 Tel: 617/495-5046 Fax: 617/496-1708 E-Mail: ashleifer@harvard.edu Daniel Treisman Department of Political Science UCLA 4289 Bunche Hall Los Angeles, CA 90095-1472 Tel: 310/794-5875 Fax: 310/825-0778 E-Mail: treisman@polisci.ucla.edu AB - 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. ER -