A post-socialist transition in the Russian Federation started in 1992. Generally speaking, the first stage of post socialistic economic transition in Russia means transformation from a centrally planned to a market economy. The transition processes in Russia have been accompanied by many dilemmas. The main of them is the method of transition: shock therapy and gradualism. The results of transition have been both positive and negative: it depends on the way and radicalism of the changes. The second stage of the Russian transition began after the monetary and financial crisis in August 1998. After that, the renewal of the Russian economy began. This stage had its specific problems. The main of them is related to the repatriation of the Russian capital from abroad. One of the basic components of the transition in Russia is its full involvement in the world economy and in the processes of integration and globalization. One of the ways of realisation is the full Russian cooperation with international organisations, especially with the International Monetary Fund and the World Trade Organization.
Osnovne karakteristike druge etape tranzicije u Ruskoj Federaciji - pouke za ostale zemlje
