Kotz, David M. - Department of Economics, University of Massachusetts-Amherst - 2005
. Russia’s transition since 1992 is examined as an example of the neoliberal approach, while China’s transition since 1978 is … analyzed as an example of the state directed approach. The primary explanation for China’s economically superior transition … state property into a capitalist system, the neoliberal transition strategy and the state directed transition strategy …