Word: reforms
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Dates: during 2000-2000
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...Sobchak asked what he was doing. "I'm doing nothing," Putin replied. "My career's not a success because they told me to come back here. I have nothing to do here." "Join me," said Sobchak. Sobchak was dazzling the city with his promises of democracy and reform. Putin was ready to make a "real break," says a close Putin aide. "People had the feeling Sobchak was someone they could peg their destiny to." Some say Putin was planted on Sobchak by the KGB; this aide says Putin informed his KGB bosses of the job offer, and they gave their...
Optimists pin their hopes on Putin's experiences in St. Petersburg. He became intimate with Russia's leading reformers and has also gathered many of them around him in Moscow. He learned the rudiments of free-market economics. He witnessed the dimensions of Russia's failure, understanding that the country needed a strong economy if it hoped to be a strong nation again--and that joining global capitalism would be the only solution. "I know," emphasizes First Deputy Finance Minister Kudrin, "that he is a proponent of continued reform...
...preside over its comeback. But he does not know how to do that. Maybe he is too small a man for the job. Maybe even his galvanic will cannot deliver in the face of Russia's enormous failures: his paper powers are vast, but the necessary institutions to implement reform barely exist. The West probably has little to be afraid of. But what Russians fear is that as long as he pursues just enough economic reforms to keep the West moderately happy, the West will not really care what he does to them...
...news for those studying his country's vital signs. The Japanese cabinet resigned en masse Tuesday, paving the way for the election of a new leader. But that may not be a simple matter in a ruling party divided on issues ranging from the pace of banking reform to personality differences. "Obuchi was the one leader able to unite the different factions of the ruling party," says TIME Tokyo bureau chief Tim Larimer. "Those who had been complaining that Obuchi's government had been too slow and cautious in moves toward reforming the banking system and other aspects of Japan...
...question is who they'll appoint as their candidate. Rather than choose a fresh face who can lead Japan into the future, they may be more tempted to opt for a safe but uninspired choice acceptable to different factions." And, of course, that might slow the pace of reform. "Remember, Obuchi himself represented a more cautious option when he replaced the reformist Hashimoto," says Larimer. "The pace of change in Japan is glacial in the best of times, and with Obuchi leaving the scene, his replacement may be even less likely to adopt bold measures." The good news is that...