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Russia Crisis: Economical, Political, And Moral - Research Paper

Russia Crisis: Economical, Political, And Moral

Russia's crisis is not only economic and political, it is moral. The whole country can see that honesty, adherence to civic virtues brings no reward. If you are honest in Russia the chances are that your family will go hungry this winter or your children will not be educated. And there is not just economic hardship in this, there is humiliation, too. The dishonest, on the other hand, thrive here.
Many Russians wonder why the West still supports Boris Yeltsin President Clinton came here and was embraced in a great bear-hug by President Yeltsin. Beside Boris Yeltsin's, President Clinton's woes and his misdemeanours seem trifling. It is mystifying to many Russians that the West still ...

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the ordinary good people of Russia stand in line at bank queues and watch all they have spent their lives building up disappearing before their eyes. That is the Yeltsin legacy.
Russia: A flea market economy

Presidents Clinton and Yeltsin seemed to be talking about a different world when they repeated their shared determination to pursue the free market.

Free market? What free market? There is no effective free market in Russia. It has been hijacked and hijacked by President Yeltsin's own allies and supporters. The billionaire tycoons known in Russia as the Oligarchs do not want a free market, that is why they backed his campaign in 1996 and put him back in the Kremlin.

That is why they used their influence to destroy that group of young reformers who dominated Sergei Kiriyenko's government.

They want a government that will protect their monopolistic business ventures from the chill winds of free and fair and regulated competition.

The result is an economic system that ...

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Russia Crisis: Economical, Political, And Moral. (2004, April 20). Retrieved January 21, 2026, from http://www.essayworld.com/essays/Russia-Crisis-Economical-Political-And-Moral/6567

"Russia Crisis: Economical, Political, And Moral." Essayworld.com. Essayworld.com, 20 Apr. 2004. Web. 21 Jan. 2026. <http://www.essayworld.com/essays/Russia-Crisis-Economical-Political-And-Moral/6567>

"Russia Crisis: Economical, Political, And Moral." Essayworld.com. April 20, 2004. Accessed January 21, 2026. http://www.essayworld.com/essays/Russia-Crisis-Economical-Political-And-Moral/6567.

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PAPER DETAILS

Added: 4/20/2004 05:15:08 PM
Category: World History
Type: Free Paper
Words: 560
Pages: 3

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