ABSTRACT

Gorbachev is now a voice from the past in Russia’s turbulent transition, particularly in regard to economic reform. All the great moves, the effective ending of Communist Party involvement in the economy, the shock-treatment of price and currency deregulation, the commitment to the market system, the opening-up of foreign trade, the ending of state subsidies under the prodding of the foreign-aid agencies, and the irreversible privatization of enterprise, occurred on Yeltsin’s watch.