Why Did Reform In Russia Fail?
A Survey of Recent Articles
A Survey of Recent Articles
Although Russia's economy has not completely disintegrated since the financial crash last summer, the failure of market reform is no longer in dispute. Even before the U.S.-led intervention in Kosovo antagonized Russian public opinion further, "democracy" and "reform" had become dirty words. What went wrong? ask the editors of Journal of Democracy (Apr. 1999). The answer, it seems, is simple: too much reform--or not enough.