The Struggle to Save the Soviet Economy

The Struggle to Save the Soviet Economy
Date
-
Event Sponsor
CREEES Center for Russian, East European & Eurasian Studies, Freeman Spogli Institute for International Studies
Location
Encina Hall West, Room 219

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.

Dr. Chris Miller is the Associate Director of the Brady-Johnson Program in Grand Strategy at Yale. He has previously served as a lecturer at the New Economic School in Moscow, a visiting researcher and the Carnegie Moscow Center, and a research associate at the Brookings Institution. He has held fellowships from the German Marshall Fund and the Hoover Institution. His first book, The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR, was published in 2016. He received his PhD and MA from Yale University and his BA in history from Harvard University.

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