Russian reform: possibility or pipedream? From: USA Today (Magazine) | Date: November 1, 1996| Author: Grossman, Peter Z. | COPYRIGHT 1996 Society for the Advancement of Education. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The progress of Russian economic reforms is shaky at best, and this will continue until Russia establishes economic institutions similar to the ones that exist in the US. These institutions took centuries to set up and have created formal and informal rules for the US economic system.

THE NEWS from Russia these days is perplexing. "Capitalism is working," the international press reports one day, but soon after talks of Russia's "reform muddle." Readers are told that "Things are loo...

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