History of the Russian Economy | Marginal Babble Ep.28 with Professor Richard Ericson
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History of the Russian Economy | Marginal Babble Ep.28 with Professor Richard Ericson
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概要
Explore the intricate evolution of Russia's economy, from Tsarist infrastructure to Soviet command systems to Russia’s modern-day challenges. Economist Richard Ericson delves into the sustainability of Russia's resource-driven growth, the impact of geopolitical tensions, and the looming risks of its current economic model. This episode offers a rare glimpse into the forces shaping one of the world's most consequential nations, perfect for those interested in geopolitics and economic resilience.
Professor Richard Ericson:
https://scholar.google.com/citations?user=UOLZdsYAAAAJ&hl=en
“The Classical Soviet-Type Economy: Nature of the System and Implications for Reform”:
https://www.aeaweb.org/articles?id=10.1257/jep.5.4.11
Timestamps:
00:00: Intro
00:41: Context for the Russian Economy of Today
02:29: Soviet Era Economics
14:36: Structure of the Soviet System
18:21: Soviet Economy: Comparisons to Other Economies
25:05: Imperial (Tsarist) Russian Economy
30:17: Transition to Communism
38:26: What People Misunderstand About the Soviet Union
41:48: Collapse of the Soviet Union
48:50: The Modern Russian Economy
56:35: Russian Economy too Resource Dependent?
59:30: Wartime Economy (Ukraine War)
01:10:30: The Future of the Russian Economy
01:16:24: Richard’s Final Thoughts
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