This paper offers an analysis of the current economic crisis in the United States that began in 2008, which is understood not as a business cycle recession but as a structural crisis. It presents a case that the current economic crisis is a particular type of crisis of over-investment, called an...

This paper will examine the transition experiences of Russia and China, with the aim of drawing lessons about the relative effectiveness of the neoliberal and the state directed transition strategies. Section 2 considers Russia=s economic transition since 1992, which has been guided by the...