For half a century the Soviet economy was inefficient but stable. In the late 1980s, to the surprise of nearly everyone, it suddenly collapsed. Why did this happen? And what role did Soviet leader Mikhail Gorbachev's economic reforms play in the country's dissolution? In this groundbreaking study, Chris Miller shows that Gorbachev and his allies tried to learn from the great success story of transitions from socialism to capitalism, Deng Xiaoping's China. Why, then, were efforts to revitalize Soviet socialism so much less successful than in China? Making use of never-before-studied documents from the Soviet politburo and other archives, Miller argues that the difference between the Soviet Union and China--and the ultimate cause of the Soviet collapse--was not economics but politics. The Soviet government was divided by bitter conflict, and Gorbachev, the ostensible Soviet autocrat, was unable to outmaneuver the interest groups that were threatened by his economic reforms. Miller's analysis settles long-standing debates about the politics and economics of perestroika, transforming our understanding of the causes of the Soviet Union's rapid demise.

For half a century the Soviet economy was inefficient but stable. In the late 1980s, to the surprise of nearly everyone, it suddenly collapsed. Why did this happen? And what role did Soviet leader Mikhail Gorbachev's economic reforms play in the country's dissolution? In this groundbreaking study, Chris Miller shows that Gorbachev and his allies tried to learn from the great success story of transitions from socialism to capitalism, Deng Xiaoping's China. Why, then, were efforts to revitalize Soviet socialism so much less successful than in China? Making use of never-before-studied documents from the Soviet politburo and other archives, Miller argues that the difference between the Soviet Union and China--and the ultimate cause of the Soviet collapse--was not economics but politics. The Soviet government was divided by bitter conflict, and Gorbachev, the ostensible Soviet autocrat, was unable to outmaneuver the interest groups that were threatened by his economic reforms. Miller's analysis settles long-standing debates about the politics and economics of perestroika, transforming our understanding of the causes of the Soviet Union's rapid demise.

When Vladimir Putin first took power in 1999, he was a little-known figure ruling a country that was reeling from a decade and a half of crisis. In the years since, he has reestablished Russia as a great power. How did he do it? What principles have guided Putin's economic policies? What patterns can be discerned? In this new analysis of Putin's Russia, Chris Miller examines its economic policy and the tools Russia's elite have used to achieve its goals. Miller argues that despite Russia's corruption, cronyism, and overdependence on oil as an economic driver, Putin's economic strategy has been surprisingly successful. Explaining the economic policies that underwrote Putin's two-decades-long rule, Miller shows how, at every juncture, Putinomics has served Putin's needs by guaranteeing economic stability and supporting his accumulation of power. Even in the face of Western financial sanctions and low oil prices, Putin has never been more relevant on the world stage.

A major study of the collapse of the Soviet Union—showing how Gorbachev’s misguided reforms led to its demise “A deeply informed account of how the Soviet Union fell apart.”—Rodric Braithwaite, Financial Times “[A] masterly analysis.”—Joshua Rubenstein, Wall Street Journal In 1945 the Soviet Union controlled half of Europe and was a founding member of the United Nations. By 1991, it had an army four million strong with five thousand nuclear-tipped missiles and was the second biggest producer of oil in the world. But soon afterward the union sank into an economic crisis and was torn apart by nationalist separatism. Its collapse was one of the seismic shifts of the twentieth century. Thirty years on, Vladislav Zubok offers a major reinterpretation of the final years of the USSR, refuting the notion that the breakup of the Soviet order was inevitable. Instead, Zubok reveals how Gorbachev’s misguided reforms, intended to modernize and democratize the Soviet Union, deprived the government of resources and empowered separatism. Collapse sheds new light on Russian democratic populism, the Baltic struggle for independence, the crisis of Soviet finances—and the fragility of authoritarian state power.

The inside story of the political collpase of the Soviet Union is far better understood than the course of economic and social disintegration. In order to capture the story, the editors compiled a list of questions which they addressed to former top Soviet officials and economic and other policy advisors (both Soviet and foreign) who were privy not only to data on the functioning of the Soviet economy but also to the internal policy debate during the 1980s. This volume assembles the Informants' analyses of key issues and the turning points, and weaves them into a compelling history of systemic collapse. Among the topics investigated are: economic policies in the 1980s; the standard of living: the reliability of Soviet statistics; Gosplan's projections for the economy to the year 2000; was the arms race starving the civilian economy? the role of ideology in supporting the functioning of an economic system; the party's participating in economic management; the influence of foreign advisors; the struggle over a transition program; the functioning and collapse of the supply system, the CMEA, and the foreign trade system.

Rose Brady, former Moscow bureau chief for Business Week magazine, here provides a compelling firsthand account of Russia's transition from a socialist state to a market economy. Taking us into the factories, stores, banks, markets, homes, schools, and corridors of power in Russia, she explains how the country's own brand of capitalism has evolved.

Offers cutting-edge perspectives on how international development has shaped the global history of the modern world.

An illuminating account of Russia’s attempts—and failures—to achieve great power status in Asia. Since Peter the Great, Russian leaders have been lured by opportunity to the East. Under the tsars, Russians colonized Alaska, California, and Hawaii. The Trans-Siberian Railway linked Moscow to Vladivostok. And Stalin looked to Asia as a sphere of influence, hospitable to the spread of Soviet Communism. In Asia and the Pacific lay territory, markets, security, and glory. But all these expansionist dreams amounted to little. In We Shall Be Masters, Chris Miller explores why, arguing that Russia’s ambitions have repeatedly outstripped its capacity. With the core of the nation concentrated thousands of miles away in the European borderlands, Russia’s would-be pioneers have always struggled to project power into Asia and to maintain public and elite interest in their far-flung pursuits. Even when the wider population professed faith in Asia’s promise, few Russians were willing to pay the steep price. Among leaders, too, dreams of empire have always been tempered by fears of cost. Most of Russia’s pivots to Asia have therefore been halfhearted and fleeting. Today the Kremlin talks up the importance of “strategic partnership” with Xi Jinping’s China, and Vladimir Putin’s government is at pains to emphasize Russian activities across Eurasia. But while distance is covered with relative ease in the age of air travel and digital communication, the East remains far off in the ways that matter most. Miller finds that Russia’s Asian dreams are still restrained by the country’s firm rooting in Europe.

"Spufford cunningly maps out a literary genre of his own . . . Freewheeling and fabulous." —The Times (London) Strange as it may seem, the gray, oppressive USSR was founded on a fairy tale. It was built on the twentieth-century magic called "the planned economy," which was going to gush forth an abundance of good things that the lands of capitalism could never match. And just for a little while, in the heady years of the late 1950s, the magic seemed to be working. Red Plenty is about that moment in history, and how it came, and how it went away; about the brief era when, under the rash leadership of Khrushchev, the Soviet Union looked forward to a future of rich communists and envious capitalists, when Moscow would out-glitter Manhattan and every Lada would be better engineered than a Porsche. It's about the scientists who did their genuinely brilliant best to make the dream come true, to give the tyranny its happy ending. Red Plenty is history, it's fiction, it's as ambitious as Sputnik, as uncompromising as an Aeroflot flight attendant, and as different from what you were expecting as a glass of Soviet champagne.

Analysis of the central role of militarization in the devel opment of state, society and economy in the U.S.S.R. between the end of the "New Economic Plan" in 1926 and the conclusion of the first "Five-Year Plan" in 1933.