ry into the European Economic Community. Although they are likely to be turned down, it will send a signal to the western world that the Russians do intend to carry their reforms until they have a functioning capitalist society, only slightly different (if at all) from the rest of the world. (Kramer) Russia continues to rely on other capitalist nations for help, and recently, a $10.2 million (US equivalent) loan from the I.M.F. was given to Russia to aid in the restructuring of the economy. Plans had not been made for the money by the Russian government in anticipation of the election. (Kramer) The one primary roadblock Yeltsin faces in his task is the Parliament. The legislative body of the Russian Federation is controlled by Communists, making it difficult for any pro-capitalism initiatives to be passed. This has been a concern for Yeltsin supporters since the Duma election. Although no strategy as to how to pass controversial reforms have been released, Yeltsin's past successes indicate that he will make some progress, even if not able to pass all of his measures. (Kramer) The economy of Russia is weak at best. Many reforms necessary for the success of a free market have not yet been implemented, and those which are in place have not had the desired effect. However, there is good news, and the nation's economy is showing signs that a turnaround will occur in the near future. Almost all teenagers do, in fact, learn to survive outside of the confines of their own home. Even without the guidance of their parents, they learn how to support themselves, and eventually prosper. The economy of the Russian Federation is similar in this respect as well. In time, it will be a self-sufficient, thriving capitalist country, and may eventually become the power that its mother nation, the USSR, was. ...
