This paper examines the problems of Russia's post-communist economic transformation. Its main thesis is that the Russian attempt at radical economic reform largely failed, because of extraordinary rent-seeking by old enterprise managers through export rents, subsidized credits, import subsidies and direct government subsidies, while they gained little from privatization.

President Clinton announced new funding for an expanded threat reduction initiative in Russia. Unfortunately this new funding commitment still does not match the threat. The degradation in security of Russia’s nuclear weapon complex and the economic collapse in August 1998 has put the safety of nuclear materials and nuclear intelligence in jeopardy.


Carnegie Non-Proliferation Conference

This book features chapters written by pairs of leading Russian and American scholars, and provides an overall assessment of what has been accomplished and what has failed since the collapse of the Soviet Union.
In the Byzantine twilight of Russian political life it is ironically now the Communists (long-time treaty detractors) who seem ready to give the green light for the ratification of the START II treaty. The recent ascendancy of several prominent Communists into the cabinet of Prime Minister Yevgeny Primakov has turned the tide in favor of ratification.
Presentations by Anders Aslund, Thomas Graham, Arnold Horelick, Martha Brill Olcott