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 Author Page - CLIFFORD GADDY
Recent Foreign Affairs articles: One document found. displaying 1 to 1.Russia's Virtual Economy Clifford G. Gaddy and Barry W. Ickes September/October 1998 Summary: The assumption behind the International Monetary Fund's recent bailout of Russia is that the country is gradually reforming its economy according to market principles. But Russia's economy is much smaller than official figures suggest. Workers, the government, and industry all accept the myth that the manufacturing sector produces value, when in fact what it makes is worth less than the labor and resources it consumes. The result is a mountain of wage and pension arrears and government debt that will continue to provoke crises. The day of reckoning will be much worse if the West does not pull the plug soon. read 500-word preview | purchase full article
Recent books reviewed in Foreign Affairs: 3 documents found; displaying 1 to 3.The Siberian Curse: How Communist Planners Left Russia Out in the Cold.Fiona Hill and Clifford Gaddy. Washington: Brookings Institution Press, 2003. March/April 2004 read
The Price of the Past: Russia's Struggle With the Legacy of a Militarized Economy.Clifford G. Gaddy. Washington: Brookings, 1996. November/December 1996 read
Open for Business: Russia's Return to the Global Economy.Ed A. Hewett with Clifford G. Gaddy. Washington: Brookings, 1992. Spring 1993 read
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