The Russian Odyssey: 1985-1991

Mikhail Gorbachev attempted to introduce market-oriented economic reforms in the late 1980s. They were too little, too late. The Soviet Union collapsed in December 1991…

Chinese Politics in the Time of Deng Xiaoping

The era in which Deng Xiaoping restructured the Chinese economy was also an era of social unrest, both within China and in the Eastern Bloc…

The Chinese Economy after Mao

After the death of Mao, China introduced new economic policies that caused very rapid growth of per capita GDP…