Russia's Economic Transfer And Foreign Relations

After the disintegration of the USSR, Russia, as the largest successor of the former USSR, started its hard process of institution transfer. And economic transfer is the main part of it. By the end of 2000, Russia's economic transfer had nearly finished. In the 1990s, Russia's economy was filled with a great variety of problems brought by its radical economic transfer. Till now, the western market economic system has been built up in Russia, though this system is far from perfect. Russia's economic transfer is typical in those countries that are being in the course of economic transfer. The radical transfer had far-reaching impacts on Russia's domestic politics, international status and foreign policy.At first, this paper clearly explained the process of Russia's economic transfer, from the "shock therapy" to the end of the process. And then the paper deeply explored why radical transition was chosen and why the "shock therapy" failed in Russia. More attention was paid to the cost-benefit analysis of Russia's economic transfer. The idea was raised that Russia's economic transfer was successful from the angle of system and institution and it was destructive in the measure of economic growth and social stability. Needless to say, economic transfer would inevitably influence Russia's foreign policy. And foreign policy must be readjusted with the change of domestic political and economic state.