The current American perception of Russia is a hopelessly corrupt country with an economy that is going from bad to worse, as if the financial crash of August 1998 happened yesterday. However bad that crash was, the last year has seen a lot of positive changes in the Russian economy.
Presentations by Anders Aslund, Thomas Graham, and Michael McFaul.
U.S., Russian, and Chinese scholars analyze the most important issues posed by the relationship between China and Russia, and weigh the prospects for real cooperation between Russia, a severely weakened power, and China, a power on the rise.
A great transformation of the former Soviet bloc has occurred in the last decade. All countries that opted for radical reform have accomplished something, while those that did not have largely failed. The initial reform strategy has been of fundamental and lasting importance. Countries have ended up either in a virtuous circle or in a vicious circle.
Although President Bill Clinton himself warned earlier this week that Russia would pay "a heavy price" for its conduct in Chechnya Mr. Clinton has been unwilling to put the teeth in that rhetoric. Why? The United States, senior administration officials claim, has few levers to push. This stance is wrong.