The Russia Balance Sheet

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9780881324242: The Russia Balance Sheet

Russia projects a sense of renewed power and prominenence on the world stage; by 2020 it's expected to emerge as the fifth-largest economy in the world. Going forward, how the United States and Russia deal with each and with issues of mutual interest will have a significant impact around the globe. The Russia Balance Sheet sets forth a primer on Russia's current governmental and political infrastructure as well as its opportunity for growth. This important new book provides comprehensive, balanced, and accurate information on all key aspects of Russia and discusses what its status means for the US and other nations. To that end, the authors develop a cohesive, overarching framework that analyzes the nexus point of such areas as economic reforms and integration, domestic politics and society, foreign business partnerships, and energy demands. Based upon this foundation, the book capably suggests constructive policies for Russia and the next US administration that will take office in 2009.

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About the Author:

Anders Aslund, known for repeatedly challenging conventional wisdom on transition economies, is a leading specialist on postcommunist economic transformation with more than 30 years of experience in the field. He boldly predicted the fall of the Soviet Union in his Gorbachev's Struggle for Economic Reform (1989). In Building Capitalism: The Transformation of the Former Soviet Bloc (2002) he firmly stated that the only choice Russia had was market reform. He is also the author of Russia's Capitalist Revolution (2007). Dr. Aslund joined the Peterson Institute for International Economics as senior fellow in January 2006. He has worked as an economic adviser to the Russian government (1991-94), to the Ukrainian government, and to the president of the Kyrgyz Republic. Andrew Kuchins is a senior fellow and director of the CSIS Russia and Eurasia Program. From 2000 to 2006, he was a senior associate at the Carnegie Endowment for International Peace, where he was director of its Russian and Eurasian Program in Washington, D.C., from 2000 to 2003 and again in 2006, and director of the Carnegie Moscow Center in Russia from 2003 to 2005. Kuchins conducts research and writes widely on Russian foreign and security policy. He is the coeditor of Russia: The Next Ten Years (Carnegie, 2004).

Review:

The Russia Balance Sheet is a one-stop shopping source for understanding the factors driving contemporary Russia. The analysis and recommendations of Anders Aslund and Andrew Kuchins are thoughtful, incisive, and provocative. This book is a must-read for anybody trying to unravel the riddle of Russia. --Sam Nunn, former senator

Germany's Chancellor Otto von Bismarck said that Russia is never as strong as it seems, nor as weak at it seems. The Russia Balance Sheet is striking evidence that this statement has not lost its validity after many years. In this balanced and well-documented book, the authors show that the United States cannot allow itself not to have a consequent and comprehensive Russia policy. --Yegor Gaidar, former Russian Prime Minister

A timely set of recommendations for addressing the highly complex issues that have complicated American-Russian relations. Rightly critical of the overly personalized style of the previous US administration's policy, the authors advocate a less ambitious and a more realistic approach in the hope that it will yield a balanced quid pro quo in mutual accommodation. --Zbigniew Brzezinski, former US national security adviser

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Åslund, Anders; Kuchins, Andrew
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Book Description The Peterson Institute for International Economics, United States, 2009. Paperback. Book Condition: New. Language: English . Brand New Book. Russia has been on a wild roller-coaster ride for the past three decades with no end in sight. Just in the past year as the global financial crisis deepened, the conventional perception of Russia has changed from a safe haven from the economic tsunami to one of the hardest hit larger markets in the world. The Russia Balance Sheet provides comprehensive, balanced, and accurate information on all key aspects of Russia s developments and their implications for the United States and other nations. The book argues that, after the strained Bush-Putin years, the Obama administration must seize the initiative to define both its policy toward Russia and the agenda for the many multilateral meetings already planned.The book offers policy prescriptions for both the United States and Russia. It is imperative that the Obama administration establish an explicit Russia policy rather than subordinating it to other issues in order to enable the administration to make necessary tradeoffs and follow up on promises. An interagency group for Russia has been created under the leadership of the National Security Council s senior director for Russia; this group should determine the Russia policy and issue an NSC directive. As a new Russia policy is crafted and an NSC directive on Russia adopted, President Obama should make a public statement on his Russia policy. Ideally, President Obama would declare his determination to finally persuade the US Congress to graduate Russia from the Jackson-Vanik Amendment to the Trade Act of 1974. As for Russia, it should accede to the World Trade Organization (WTO) to secure its successful international integration and an improvement of its legal standards. The Kremlin needs to introduce transparent procurement procedures for major investments to relieve infrastructure bottlenecks. Property rights must be reinforced and renationalization stopped to ease the problems in banking and energy production. Finally, with the first full-scale summit between Presidents Obama and Medvedev to take place in Italy in July 2009, the authors argue that the two presidents should recommit to fulfilling the April 2008 Sochi Declaration and to reestablishing a broader organized cooperation mechanism between the two countries, like that of the Gore-Chernomyrdin Commission, to promote action and accountability. Bookseller Inventory # AAH9780881324242

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Book Description The Peterson Institute for International Economics, United States, 2009. Paperback. Book Condition: New. Language: English . Brand New Book. Russia has been on a wild roller-coaster ride for the past three decades with no end in sight. Just in the past year as the global financial crisis deepened, the conventional perception of Russia has changed from a safe haven from the economic tsunami to one of the hardest hit larger markets in the world. The Russia Balance Sheet provides comprehensive, balanced, and accurate information on all key aspects of Russia s developments and their implications for the United States and other nations. The book argues that, after the strained Bush-Putin years, the Obama administration must seize the initiative to define both its policy toward Russia and the agenda for the many multilateral meetings already planned. The book offers policy prescriptions for both the United States and Russia. It is imperative that the Obama administration establish an explicit Russia policy rather than subordinating it to other issues in order to enable the administration to make necessary tradeoffs and follow up on promises. An interagency group for Russia has been created under the leadership of the National Security Council s senior director for Russia; this group should determine the Russia policy and issue an NSC directive. As a new Russia policy is crafted and an NSC directive on Russia adopted, President Obama should make a public statement on his Russia policy. Ideally, President Obama would declare his determination to finally persuade the US Congress to graduate Russia from the Jackson-Vanik Amendment to the Trade Act of 1974. As for Russia, it should accede to the World Trade Organization (WTO) to secure its successful international integration and an improvement of its legal standards. The Kremlin needs to introduce transparent procurement procedures for major investments to relieve infrastructure bottlenecks. Property rights must be reinforced and renationalization stopped to ease the problems in banking and energy production. Finally, with the first full-scale summit between Presidents Obama and Medvedev to take place in Italy in July 2009, the authors argue that the two presidents should recommit to fulfilling the April 2008 Sochi Declaration and to reestablishing a broader organized cooperation mechanism between the two countries, like that of the Gore-Chernomyrdin Commission, to promote action and accountability. Bookseller Inventory # AAH9780881324242

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