Russia's Phony Capitalism
Bibliographic Data
| ID | 3454206 |
|---|---|
| Authors | Grigory Yavlinsky (corresponding author) |
| Year | 1998 |
| Volume | 77 |
| Issue | 3 |
| Pages | 67 |
| Publication date | 1998-01-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Foreign Affairs (JOURNAL) |
| Journal identifiers | ISSN: 0015-7120 • E-ISSN: 2327-7793 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/20048877 |
| OpenAlex | W2592156478 |
| Language | EN |
| Citations received | 8 |
Russia faces a watershed decision. The vital question for Russia is whether it will become a quasi-democratic oligarchy with corpo ratist, criminal characteristics or take the more difficult, painful road to becoming a normal, Western-style democracy with a market economy. Communism is no longer an option. That was settled in the 1996 presidential election. Russians will make this fateful choice and be its principal victims or beneficiaries. But its consequences to Americans, Europeans, and others who share this shrinking globe should not be underestimated. Contrary to the widespread view in the United States that Russia is essentially irrelevant or of secondary concern, our continental country, stretching from Eastern Europe to upper Asia, will be important in the next century because of its location between east and west, its possession of weapons of mass destruction, its natural resources, and its potential as a consumer market. Unlike previous choices in recent Russian history, the decision will not be made on a single day by a coup or an election. Rather, it will evolve through the many decisions made by Russia's millions of people, leaders and ordinary citizens alike, over the coming years. Even Presi dent Boris Yeltsins sacking of much of his cabinet in March, while deeply disturbing, was one more bump along the road, not the end of the journey. Nevertheless, the route chosen will be no less important than the choices made earlier in the decade in its effect on the society in which our children and grandchildren live
Capitalism · Economic system · Economics · Political science · Politics · Law · Russia and Soviet political economy
Economists, Privatization in Russia and the waning of the 'Washington consensus
Premature Deaths
The P utin Factor
Property Without Rights
Anti-American, pro-Chinese sentiment in South Korea
The polluter pays principle and potential conflicts in society
Is the Russian federation becoming more democratic? Moscow‐regional relations and the development of the post‐Soviet Russian State
Post-communist political studies
| Citations per year | 0.3 |
|---|---|
| Citation span | 1999 - 2014 (16) |
| Highly cited | No |