The economic history of the Russian Federation
Hartford Web Publishing is not the author of the documents in
World History Archives and does not
presume to validate their accuracy or authenticity nor to
release their copyright.
- Russia faces financial meltdown
- By Renfrey Clarke, Green Left Weekly, 22 May
1996. Relation of fiscal crisis and electoral politics.
- The Russian Economy's Big Black Hole:
Nation's Heavy Industry Still Awaiting Post-Soviet
- By David Hoffman, Washington Post, 9 December
1996. Economic liberalization has benefitted raw material
exports, such as oil, but ruined industry.
- Russia set to become world leader in arms
- Igor Korotchenko Talks to Boris Kuzyka, Assistant to the
Russian President on Military-Technical Co-operation with
Foreign Countries, Nezavisimaya Gazeta, 6 March
1997. Thanks to feeding Near Eastern conflicts, Russia
likely to exceed the US in arms exports. US' use of
political means to counter that trend.
- Corruption dominates the economy of
- By Lem Harris, People's Weekly World, 7
June 1997. It is common knowledge that the Russian economy
is close to bankruptcy, sustained only by the American
controlled World Bank. It is also well known the massive
corruption under President Yeltsin's rule. Less well
known is that even the largest newly privatized joint stock
companies are gaily playing the same crude role as the
“robber barons” of the 19th Century American
- Yeltsin to increase state role in
- By Alan Philps, The Daily Telegraph, 25
September 1997. Yeltsin to turn away from “Robber
Capitalism” of privatization to restore a significant
state sector to the economy.
- Minatom sells out on safety to the EU ... for
$170 million only
- Antinuclear Campaign of Socio-Ecological Union, press
release, 15 November 1997. EU's lower nuclear safety
standard in East vs. West Europe.
- IMF Acting Under US Pressure in Russia
- By Abid Aslam, InterPress Service, 14 July
1998. International Monetary Fund (IMF) measures to shore up
Russia's sagging economy reflect lingering Western fears
about the former Soviet Union—and could backfire.
- Why Russia Can Live Without IMF
- By Matt Taibbi and Alex Whiting, InterPress Service, 3
September 1998. The West warns Russia not to allow
Communist-led opposition in parliament to force a backtrack
on free market reforms—lest the West be forced in turn
to cut Russia off from foreign bailout loans.
- Russia, IMF disagree on economy plans-Dep
- By Svetlana Kovalyova, Reuters, 24 November 1998. The
International Monetary Fund (IMF) is unhappy with several
aspects of Russia's economic and fiscal plans. The Fund
was urging the country to greater budget austerity.
- The long shadow of Russia's second
- By Paul Goble, Asia Times, 30 September
1999. Russia's second or shadow economy is now so large
and pervasive that it is likely to define whatever kind of
legal economic arrangements do emerge in the country in the