Abstract
This paper examines the criminalization of the privatization process now occurring in the former Soviet Union. The different means by which the economy has been criminalized and its impact on the citizenry are examined. This paper argues that former Communist Party elite and organized criminal groups have purchased the majority of the state's assets. The absence of careful planning and proper legal protections in implementing the massive privatization program are given as important explanations for the failure of this process. Though special attention is given to Russia, this analysis applies to the other states of the former Soviet Union as well.
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