Getting Russia Right

In the early 1990s, Russia seemed on the brink of fully shedding its authoritarian and communist past. It made significant progress through engaging the world community as an emerging market democracy, a returning friend and neighbor to Europe and the West, and a strategic partner of the United States. The ensuing fifteen years of Russian history have witnessed several booms, such as the buoyancy provided by high oil revenues, and busts that resulted in retrenchment and centralization of po...