Russia and China on the Eve of a New Millennium

Russia and China on the Eve of a New Millennium assesses the collapse of totalitarian power and its consequences in Russia and surrounding nations. The situation in China is different, with economic openness struggling against political repression. The book focuses on the economic issues of systematic transition because, if not properly handled, they risk diverting or altogether derailing the impulse toward democracy.

The authors consider hotly disputed issues of ideology, cultural values, beliefs, doctrine, and ethics; the threat to national unity and the promise of material prosperity offered by regionalism; and projections of future trends. Central to their work is the conviction that at the end of collectivist serfdom lies not absolute perfection, but vast increases in individual freedom, initiative, and responsibility; democratic governance; and spontaneous market coordination of economic choices.