Date of Original Version



Working Paper

Rights Management

All Rights Reserved

Abstract or Description

The news from Russia seemed to improve dramatically in the past year. Boris Yeltsin recovered from his ailments, was re-elected as president, agreed to let Nato expand(for a price), appointed a "reform" government, signed a peace treaty with Chechnya, and finally allowed enough reform to let the oil pipeline negotiations proceed. Is Russia now on its way, slowly, toward stability under democratic capitalism?