Is Russia a Normal Country
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The first area to examine then becomes the status of Russia's free market economy.... As Rosefielde succinctly points out this is done by evaluating several factors: "the characteristics of ownership, property rights, rule of contract law, price determination, market entry, profit maximising, utility maximising, efficient equilibration, and state regulation responsive to popular will" (2005, 4).
... These restrictions coupled with the heavy presence of the government owned banks which control much of the banking capital do not display a move towards a free market economy.
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