Word: free-market
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...have been the language of discourse, but the effect was largely symbolic: to demonstrate that Yeltsin still has firm American support in his hour of trial, that Clinton is not quite an uninterested novice in foreign affairs and that the West really does care that Russia evolves into a free-market democracy...
...battle to be waged in the next days and weeks could decide the fate of Russia for decades. Yeltsin is asking an exhausted, impoverished people to entrust their future as a democratic, free-market country to him and to depose the neocommunist forces who cling to the politics and economics of the past. No one knows if the opposition has become too strong for him to overcome. Or if a populace worn out by political crisis would answer the President's call. Or what the Russian military, itself split, would do if the stalemate worsened...
...experts believe, there is little chance of a restoration of the old-style Soviet rule. But other forms of authoritarian rule or even a dictatorship bent on reversing the reform process are possible. It is obvious that Russia is not on the fast track to transformation into a democratic, free-market society. The unadventurous new Prime Minister, Victor Chernomyrdin, a veteran industrial manager, speaks of the need for a "pragmatic, down-to-earth" approach to change. That certainly means slowing, if not necessarily ending, reforms. Russia cannot be effectively governed in fits and starts. Sooner rather than later, Yeltsin...
Americans want to concentrate on American problems. But as Bill Clinton acknowledged during the campaign, they can afford to do so only to the extent that the rest of the world remains stable. The more successful Russia is at remaking itself into a free-market democracy, the more time and treasure Clinton can devote to domestic needs. That will require, as Clinton has noted, a substantial U.S. investment in Russia's future up front...
Boris Yeltsin contends that he does have a final goal in view: to turn Russians into modern democrats with a free-market economy that can claim its rightful place in the world community. Some passengers are worried that there will be a colossal breakdown en route. Others are experiencing motion sickness as they try to grapple with new ideas like demokratizatsiya and privatizatsiya or attempt to figure out what makes brokery different from raketeery. (It is instructive that the Russian language has no words of its own for these borrowed concepts.) Still others shout for Yeltsin to crack the whip...