There is a new optimism about Russia. Douglas Hurd, who here recalls his meetings with Gorbachev and Yeltsin, says it is justified. Even the prospect of a populist president should not alarm the westby Douglas Hurd / August 20, 1997 / Leave a comment
Published in August 1997 issue of Prospect Magazine
The past few months have seen a marked increase in confidence in the west about Russia. This is true among politicians on both sides of the Atlantic; but they are naturally optimistic, otherwise they would not enter that profession. Diplomats, who have a cooler temperament but are still paid to be positive, have also registered this up-turn. So have investors; and even among the more serious journalists there has been a marked rise in expectations.
Two factors have contributed to this development. One is the improved health of the Russian president. Not many of us expected a few months ago to see Yeltsin bounding about the world with that definiteness we used to associate with him. Second, now restored to health, Yeltsin also appears to have taken important decisions. In the economic sphere, he has chosen two reformers: Anatoly Chubais and Boris Nemtsov. In the diplomatic sphere, he took the difficult decision to make the best of the western decision to enlarge Nato.
The fundamentals also are changing slowly for the better. The combination of huge natural resources and a highly educated people is the foundation of economic hopes for Russia. But the proverbial patience of the Russian people has also been crucial in the past few years. (Compare, for example, the impatience constantly shown by the French electorate in much less formidable circumstances.) That patience has been a necessary condition of the political and economic revolution that has been taking place-three steps forward, two steps back.