Commentary: How Russia Can Avoid The Asian Abyss

Stretching 11 time zones from the Baltic Sea to the Sea of Japan, Russia straddles Europe and Asia. For centuries, it has borrowed technology and ideology from both East and West. Now, Russians are engaged in a great debate over how to build a new, "Russian-style capitalism," and again they are looking outside their borders. The choice is between American-style open markets or a more closed, directed type of economic management that has flourished, until recently, in Asia.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.