Abstract

The caselet explains the problems faced by Russia under different leaders. It takes a look at why different reforms initiatives failed. The caselet also delves into the initiatives taken up by the president, Vladimir Putin, to develop Russia.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Increase in resentment between Soviet Union and U.S
• Reasons for dissolution of Soviet Union
• Affects of cold war between Soviet Union and the US
• and Formation of Commonwealth of Independent States (CIS).

Keywords

East Bloc, West Bloc, Cold War, KGB, CIA, collective leadership, glasnost, perestroika, Commonwealth of Independent States (CIS), market economy, pseudo-market economy, GDP