I have included just part of the introduction. Info from Johnson's Russia
List..
   CHeers, Ken Hanly

The Tragedy of Russia's Reforms: Market Bolshevism Against Democracy
by Peter Reddaway and Dmitri Glinski
768 pp./6 x 9
$29.95 (paper); ISBN: 1-929223-06-4
$55.00 (cloth); ISBN: 1-929223-07-2

For more information or to place an order:
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United States Institute of Peace Press
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or 1-703-661-1590 Fax: 1-703-661-1501

International
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Throughout the rest of the world, orders should be sent directly to:
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Fax: 703-661-1501

CONTENTS
Preface
Acknowledgments
Introduction
1. Reform or Reaction? The Yeltsin Era in a Millennium of Russian History
2. Russian Postcommunism in the Mirror of Social Theory
3. Populists, the Establishment, and the Soviet Decline
4. From Russian Sovereignty to the August Coup: A Missed Chance for a
Democratic Revolution
5. Catching up with the Past: The Political Economy of Shock Therapy
6. Yeltsin and the Opposition: The Art of Co-optation and Marginalization,
1991-93
7. Tanks as the Vehicle of Reform: The 1993 Coup and the Imposition of the
New Order
8. The Imperial Presidency in a Privatized State, 1994-1996
9. Market Bolshevism in Action: The Dream Team, Shock Therapy II, and
Yeltsin's Search for a Successor
Epilogue: Market Bolshevism, A Historical Interpretation
Notes
Index

*******

INTRODUCTION

The Tragedy of Russia's Reforms: Market Bolshevism Against Democracy
By Peter Reddaway ([EMAIL PROTECTED]) and Dmitri Glinski
([EMAIL PROTECTED])
United States Institute of Peace Press [www.usip.org]
2001
768 pp.
Washington, D.C.

Few would dispute that the events of 1989-91 that originated in Moscow and
culminated in the disappearance of the Soviet Union and the emergence of
Russia as its main successor state marked a watershed in recent world
history. Yet the true meaning and consequences of these events are subjects
for a worldwide debate that is only beginning to unfold. While many Western
observers--and a few fortunately positioned Russians--exulted in these
changes and in the glowing prospects they saw for a new world order, Russia
from at least 1990 has been sinking--from the socioeconomic, demographic,
cultural, and moral points of view--into turmoil and decay. From late
1991-early 1992, a period marked by the first application of the medicine
of radical deregulation, privatization, and an economic austerity regime
prescribed by the International Monetary Fund (IMF)--a course of
"treatment" that was known, perhaps for lack of a better term, as "shock
therapy"--the country's disease became markedly more severe. Whether the
eventual bottoming out and upturn in the economy of 1999-2000 can be
sustained remains to be seen.

The amount of destruction has exceeded that of the comparable American
experience during the Great Depression and the industrial loss inflicted on
the Soviet Union in 1941-45 by World War II. To give but a few figures:
from 1991 to 1998, Russia's gross domestic product (GDP) declined by 43.3
percent; in particular, industrial production fell by 56 percent, and the
agricultural decline was even larger. (For comparison, from 1929 to 1933,
U.S. GDP shrank by 30.5 percent; between 1941 and 1945, the Soviet GDP
declined by 24 percent.) Meanwhile, capital investment in the Russian
economy fell by a spectacular 78 percent between 1991 and 1995, and this
decline has continued ever since. Of all the country's economic activities,
its high-technology industries--which are strategically important for the
economic development and survival of major industrial nations--suffered the
worst. Thus, for example, production in electronics fell by 78 percent
between 1991 and 1995. Closely related to this collapse of domestic
production, imports in 1997 made up half of the Russian consumer market
until the ruble's 1998 collapse reversed the trend. Inflation, which soared
to 1,354 percent in 1992, was gradually but never fully tamed--declining to
11 percent in 1997, but rising sharply again in 1998 to 84 percent, and
then declining again. It cut the average real incomes of working Russians
by 46 percent in 1992; incomes managed to improve until 1998; but in
1998-99, the population's real disposable income dropped by a third.

Behind these figures lurk qualitative changes in Russia's identity and its
place in the world. Thus Russia has been precipitously losing its status as
an intellectual great power--a status it enjoyed for a much longer time,
and with much more benefit for itself and the rest of the world, than it
enjoyed its status as a military giant. The number of Russian scientists
(who once accounted for one-fourth of the world's total) has shrunk from
3.4 million to 1.3 million from the late 1980s to the present. Although
Russia's economic reformers may believe that they saved money by cutting
the funding for academia to one-twelfth of what it was in 1985, Russia's
net financial loss from the decline of its science amounts, by some
estimates, to $500-600 billion annually. For the first time in recent world
history, one of the major industrial nations with a highly educated society
has dismantled the results of several decades of economic
development--however tortuous, costly, and often misdirected it may have
been--and slipped into the ranks of countries that are conventionally
categorized as "Third World." To make this experience even more dramatic,
this comprehensive national collapse occurred at the same time as the
nation's leaders and some of their allies in the West promised Russians
that they were just about to join the family of democratic and prosperous
nations.

The consequences of this disastrous experience will not disappear in the
foreseeable future. Moreover, some of them have dynamics of their own and
are spreading fast across Russian borders. The major threat is that the
Russian state may well become weakened beyond repair, while its core
functions are being privatized by illegitimate and unaccountable forces,
including corrupt officials and organized crime. According to estimates by
the Russian State Statistics Committee, unregistered and untaxed economic
activity accounts for some 25 percent of the national economy, while the
Ministry of Interior estimates the sum at no less than 40 percent--figures
surpassing the boldest dreams of the most fervent advocates of laissez
faire. A report from the Center for Strategic and International Studies
(CSIS) maintains that organized crime syndicates and criminal capital
flight originating in Russia "constitute a direct threat to the national
security interests" of the United States. The CSIS experts may have been
somewhat alarmist, but they concluded that Russia may in certain respects
be evolving into a "criminal-syndicalist state." A survey of Western
business executives conducted by Control Risks Group in November 1997
identified Russia as the world's most corrupt country, while surveys by
Transparency International rate it only slightly better.

Yet numerous critical observers inside and outside Russia fail to perceive
that many of the roots of these unwelcome developments can be found in the
reform policies designed and carried out from 1991 on--policies that the
leading Western participants hailed and fostered with enthusiasm.


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