Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

The Dutch Disease: Peter the Great's Real Legacy?

by Alvin Rabushka, Michael S. Bernstamvia russianeconomy.org
Monday, July 2, 2001

Russia is abuzz with talk of the Dutch disease. The current conventional wisdom as summarized in a June 20, 2001, Wall Street Journal article entitled "Russia's Strong Ruble Damps Hopes for Extended Growth" is that high commodities prices are causing an economic slowdown, threatening Russia's recovery.

Analysis and Commentary

Who Won the Cold War?

by Arnold Beichmanvia Hoover Daily Report
Monday, July 2, 2001

Liberal academic opinion has created the fiction that nobody won the cold war.