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Foregn Affairs Magazine

The Folly of Arms Control
by Jonathan Schell
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The New Apathy
by James M. Lindsay
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The Missile-Defense Mistake
by Igor Ivanov
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In the September/October 2000 Issue...

A Chilean Model For Russia
By José Piñera

Russia does not need a Pinochet, but it does need the Chilean economic model. For Russia to grow at self-sustaining annual rates of seven to ten percent for a decade or two -- the only way it can pull itself out of poverty -- it needs much more economic liberalization. Four reforms inspired by Chile's dramatic turnaround can help Russia out of its doldrums: pension privatization, tax reform, radical deregulation of coddled industries, and the replacement of the ruble with the euro. The indispensable element is not a strong four-star general but a team of determined economic policymakers who know that freedom works.
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