Summers dictates

Bradford DeLong jbdelong at uclink.berkeley.edu
Fri Jun 7 21:15:59 PDT 2002



>Me:
>
>Probably politics. The government gave the oligarchs the keys to state
>coffers in exchangs for their help in defeating the KPRF. Totally illegal.
>
>What was the motivation for the Treasury not endorsing either Gorbachev's or
>Yavlinsky's reform plans (BTW, Yavlinsky, though he gets quoted a lot in
>Western newspapers, is a political non-entity in Russia).
>
>Chris Doss
>The Russia Journal

But why would they need to give the oligarchs "incentive" to defeat the KPRF? Surely the KPRF in 1996 was not something whose victory the oligarchs welcomed. Why weren't they already working as hard as they can to defeat the KPRF?

Brad DeLong



More information about the lbo-talk mailing list