Yeltsin Should Keep Up The Pressure

It's high time Boris Yeltsin got back on the track of economic reform. After success in taming runaway inflation and moving much of state-owned industry into private (albeit mafia) hands, Yeltsin became distracted by the Chechnya war, the Presidential election, and his own heart problems. Now that he has recovered, Yeltsin must push on with micro-economic reforms. He is off to a good start by putting reformists at the top levels of government and by giving them free rein to crack down on monopolies, tax deadbeats, and corrupt officials. If he keeps up the pressure, Russia may see significant economic growth in the years ahead.

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