This book offers a broad outline of the Yeltsin government's economic policies for 1992 and 1993. It provides an overview of the privatization process and defense conversion in Russia and discusses regulations on foreign investment in privatizing enterprises.

This volume provides an evaluation of initial efforts to convert post-Soviet Russian industry from that of a highly-centralized, military-oriented economy to that of a civilian economy with a stronger base in private enterprise. The authors address crucial issues of the embattled economic transformation at the level of particular enterprises and geographic regions as well as in the contexts of state policy, finance and planning. Their analyses offer readers an understanding of the various obstacles that impede post-Soviet economic restructuring and point to ways in which they may be overcome.