Rysslands piratisering- Vad gick fel och varför?

Sammanfattning: The transition from a planned economy to a market economy was initiated in Russia in the beginning of the 90s. The three components: privatization, liberalization and stabilization constitute the trinity of the transition theory. This thesis has its focus on the privatization, that also can be referred to as a piratization of Russia. The purpose of the thesis is to explain what went wrong with the privatization, and also why it went wrong. A few men, called oligarchs, got their hands on great wealth which has lead to an abuse of power. Many factors have contributed to the failure of the privatization reforms and I have chosen five of these factors that might have caused Russia the most problems. Resistence from the old communists in the government, russian man being marked by historical and ideological matters, poor management of Government finances, and lack of legitimacy and institutions. The conclusion is that Russia should have been treated as a unique country with a great deal of path dependence and therefore the transition theory was not applicable on Russia.