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...past several months, debate about the Soviet Union's transition to a market economy has focused on a plan claiming to offer the United States a "Grand Bargain." The brainchild of former Kennedy School of Government Dean Graham T. Allison Jr. '62, the ambitious plan was jointly conceived by a team of Soviet economists and Kennedy School policy experts...

Author: By Maggie S. Tucker, | Title: More Than They Bargained For | 9/13/1991 | See Source »

...plan agree that the breakup of the strongly centralized Soviet Union has created a host of new obstacles to pursuing any kind of widespread reform plan. "The report assumed that there would be a coherent central government," says Stanley Fischer, an MIT economics professor and member of the Allison-Yavlinsky team. "Those assumptions are obviously no longer valid...

Author: By Maggie S. Tucker, | Title: More Than They Bargained For | 9/13/1991 | See Source »

Among those not included on the roster were the two leaders of Harvard's Russian Research Center--Adam B. Ulam and Marshall I. Goldman. Goldman suggests that some of the plan's problems might have been avoided if the Allison-Yavlinsky team had drawn on the expertise of Harvard's many Soviet scholars...

Author: By Maggie S. Tucker, | Title: More Than They Bargained For | 9/13/1991 | See Source »

Program participants point out that it was natural for the project to take place at the Kennedy School since it was conceived and brought about by Allison, a former dean of the school. Allison did not return repeated phone calls from The Crimson for this article...

Author: By Maggie S. Tucker, | Title: More Than They Bargained For | 9/13/1991 | See Source »

...Allison and Blackwill say Grand Bargain money sent to the Soviet Union should go for "general balance of payments support, project support for key items of infrastructure . . . and the maintenance of an adequate safety net." That's more or less what the Japanese money invested in U.S. Government bonds is already going for. It would not require instructions from the Kennedy School of Government at Harvard for the Japanese to say, "Look, if you want us to keep financing your economy...

Author: /time Magazine | Title: Essay: A Grand Bargain For America Too? | 7/15/1991 | See Source »

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