Russia's `Shock Therapist' Looks Back

Russia's liberal economic reformers are watching from the sidelines as the three-month-old leftist government of Prime Minister Yevgeny Primakov struggles to find solutions to the country's financial crisis. Prompted by the Aug. 17 devaluation of the ruble and the default on short-term debt, that crisis marked the end of an era of reform that had begun in 1992 with "shock-therapy" designed by economist Yegor T. Gaidar.

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