This book examines the three major transformations that the country underwent from the early 1860s to 2000.This book is concerned with Russia's economic transition from a predominantly feudal economy to a capitalist economy, then from an economy based on private ownership to one based exclusively on state ownership, and finally, from the latter back to private ownership and market-directed relations. These transitions have generated much thought not only in economics, but also in history, political science, and sociology. Current research in economic transition, including methods and outcomes of privatization along with a variety of problems in economic growth, industrial organization, public economics, international finance, and monetary economics, are commanding great interest.This book is concerned with Russia's economic transition from a predominantly feudal economy to a capitalist economy, then from an economy based on private ownership to one based exclusively on state ownership, and finally, from the latter back to private ownership and market-directed relations. These transitions have generated much thought not only in economics, but also in history, political science, and sociology. Current research in economic transition, including methods and outcomes of privatization along with a variety of problems in economic growth, industrial organization, public economics, international finance, and monetary economics, are commanding great interest.This book is concerned with Russia's economic transition from a predominantly feudal economy to a capitalist economy; from an economy based on private ownership, to one based exclusively on state ownership, and finally, from the latter back to private ownership and market-directed relations. These transitions have generated much thought not only in economics, but in history, political science and sociology. Current research in economic transition is commanding great interest; as it reviews methods and outcomes of pril#