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(Archived document, may contain errors) A Special Report to the Senate Foreign Relations and Appropriations Committees No. 1 2/6/95 AID TO RUSSIA: YES, BUT NEEDS REFORM Ariel Cohen, Ph.D. Salvatori Fellow in Russian and Eurasian Studies INTRODUCTION
After seven years of economic "reform" financed by billions of dollars in U.S. and other Western aid, subsidized loans and rescheduled debt, the majority of Russian people find themselves worse off economically. The privatization drive that was...