Twenty years after the fall of the Iron Curtain, there is again a debate on shock therapy versus gradualism, this time with regard to developing and emerging societies. This debate was mainly triggered by Dani Rodrik (2007), who argues that reform programmes in poor countries should not be...

This article is a continuation of two essays by the same author on Soviet/Russian economic debates between 1987 and 2002 published in Europe-Asia Studies in 2006 and 2007, so now the series of articles covers 20 years of Soviet/Russian discussions on economic reforms. Should Russia strive to...