Environment of transition: new and old positive and negative trends in the post‐Soviet marketplace

Abstract

The fragmentation of the Soviet Union has left its citizens tired of promises and hungry for positive results. However, while the current transitional period in the former Soviet states (FSS) from the command economy to the market economy has added enormous hurdles for ordinary working people and retirees, newly‐emerged post‐Soviet rich and famous enjoy fabulous wealth and power. Describes the roots of their climb to wealth and power, gives tips regarding how to mitigate the risk of being caught up in the crime tide, underlines the importance of tailoring products to the local markets, and makes other recommendations for businesses involved in the FSS market.

Citation

Khazanet, V.L. (1997), "Environment of transition: new and old positive and negative trends in the post‐Soviet marketplace", European Business Review, Vol. 97 No. 3, pp. 111-123. https://doi.org/10.1108/09555349710167521