In the coming year, Congress is likely to face a critical vote on granting Permanent Normal Trade Relations (PNTR) to Russia in connection with its impending membership to the World Trade Organization (WTO). A "yes" on PNTR for Russia could set the tone for economic relations between the United States and Russia for the next decade, and would give the global agenda of trade and investment liberalization a fresh boost, as Russia is the last major economy to join the WTO. Congressional failure to permanently normalize trade relations would likely have broad consequences, since it would send a...
In the coming year, Congress is likely to face a critical vote on granting Permanent Normal Trade Relations (PNTR) to Russia in connection with its im...
Anders Aslund is known to make bold predictions that initially arouse controversy but soon become common wisdom. In his book Gorbachev's Struggle for Economic Reform (1989), he foresaw the collapse of the Soviet political and economic system. When others saw little but chaos, he depicted the success of Russia's market transformation in How Russia Became a Market Economy (1995). After Russia's financial crisis of 1998, although most observers declared the market economic experiment a failure, Aslund foresaw market economic success (Building Capitalism, 2002). In How Capitalism Was Built,...
Anders Aslund is known to make bold predictions that initially arouse controversy but soon become common wisdom. In his book Gorbachev's Struggle for ...