
Acknowledgments
The author is indebted to Richard Connolly and to two anonymous reviewers for penetrating and helpful comments on earlier drafts.
How is it possible for the directors of the Russian economy to pursue an orthodox stabilization policy with a great measure of success and yet to have achieved so little to stem the growth slowdown? This paper examines the reasons for the divergence in economic management.
The author is indebted to Richard Connolly and to two anonymous reviewers for penetrating and helpful comments on earlier drafts.