Russia's Failure to Reform
To commemorate its founding 25 years ago, PS will be republishing over the coming months a selection of commentaries written since 1994. In the following commentary from 1999, Jeffrey Sachs argues that only new, honest, and democratic leadership in Russia, combined with a real Western commitment to help, could hope to correct the country’s perilous political and economic situation.
https://prosyn.org/6H02xoJ
CAMBRIDGE – Russia continues to stupefy and amaze. Ten years after the Berlin Wall fell, and nearly eight years since the end of the Soviet Union, Russia has failed to find its way in the world. The economy has collapsed, with little sign of recovery. Corruption is everywhere. The political system lurches from crisis to crisis without any apparent connection between the political leaders and Russian society. President Yeltsin is ill and erratic. There are no trusted Russian voices on the world stage.