No Precedent, No Plan: Inside Russia's 1998 Default

This account delves into Russia's tumultuous shift from a planned economy to a market-based system, focusing on the pivotal crisis of 1998. It presents a rich tapestry of events that led to the country's financial default, weaving together personal anecdotes and analysis from those who witnessed the upheaval firsthand.

Through the eyes of respected authors with deep insights, readers gain an understanding of the economic challenges and political maneuvers that shaped this critical period. The narrative illustrates the complexity of transitioning economies and the myriad factors that contribute to instability and reform.

With expert commentary and vivid storytelling, the work sheds light on the broader implications of Russia's experience, providing essential lessons on economic transformation and the unforeseen consequences of policy decisions.