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Free Content Russian Retrospectives on Reforms from Yeltsin to Putin

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Abstract:

The kamikaze crew of liberal reformers, picked by former President Boris Yeltsin in the early 1990s, succeeded in overturning the planned economy and the authoritarian political arrangements of seven decades of Soviet Communism. However, the resulting breakdown of political cohesion and the urgency of restoring stability prompted Yeltsin to select Vladimir Putin as his successor. The consolidating impetus under Putin, who was elected president in early 2000, has raised concerns about the continuation of economic and political reforms under his leadership. In this essay, nine Russian interviewees look back on the reform issues under Yeltsin and look ahead on the unfolding political economy scenario under Putin. They include three principle economic reformers under Yeltsin, three economic policy analysts, and three banking professionals.

Document Type: Research Article

DOI: http://dx.doi.org/10.1257/0895330053147903

Publication date: December 1, 2005

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  • The Journal of Economic Perspectives (JEP) attempts to fill a gap between the general interest press and most other academic economics journals. The journal aims to publish articles that will serve several goals: to synthesize and integrate lessons learned from active lines of economic research; to provide economic analysis of public policy issues; to encourage cross-fertilization of ideas among the fields of thinking; to offer readers an accessible source for state-of-the-art economic thinking; to suggest directions for future research; to provide insights and readings for classroom use; and to address issues relating to the economics profession.
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