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The XXI century will be a сentury either of total all-embracing crisis or of moral and spiritual healing that will reinvigorate humankind. It is my conviction that all of us - all reasonable political leaders, all spiritual and ideological movements, all  faiths - must help in this transition to a triumph of humanism and justice, in making the XXI century a century of a new human renaissance.

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A Shock Therapy of the 1990s: the Origin and the Cost. A Critical Analysis

The project explores the economic situation in the Soviet Union in 1991, the inner and external reasons for its aggravation and possible solutions of the economic crisis. The authors give a critical review of the theory and practice of the "shock therapy" policy of the 1990s.

The project was carried out in 2010. It was summarized in the analytical report A Shock Therapy of the 1990s: the Origin and the Cost

Download the report in PDF format (in Russian only)

Vadim Medvedev, project leader
Georgy Ostroumov, project participant




The eighth and last leader of the Soviet Union, he was the General Secretary of the Communist Party of the Soviet Union from 1985 until 1991. 10 August 2021
Archie Brown. Re-evaluation of the huge achievements of the perestroika years, as well as the failures during them and since, is an unfinished task
This article has been publushed in Russian in Rossiya v globalnoy politike journal, #3. 2021. 11 June 2021
Russian President Vladimir Putin and U.S. President Joe Biden will meet in Geneva on June 16. Former Soviet President Mikhail Gorbachev told Interfax special correspondent Vyacheslav Terekhov in an interview that the main task the two presidents will have to address is restoring strategic stability. 1 June 2021

Gorbachev in the news media