How is the Refugee Crisis covered in Turkish media?




JHS is publishing a new report in cooperation with the think-tank Freedom Research Association on how the refugee crisis is covered in Turkish media. Read more

Continued protests in Venezuela




The economic problems are so long gone in Venezuela that debts have become a real threat to the country. The value of the currency decreases rapidly and inflation is going up. Foreign imports have ceased, resulting in empty shelves in stores around the country. Read more

JHS follows the developments in Ukraine




Jarl Hjalmarson Foundation has for many years been active in support of democracy and rule of law in Ukraine. On our site, we publish regular updates on the situation in the country.
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News

The Russian economist and reform politician Yegor Gaidar suddenly passed away on December 16, at the age of 53. The son of an admiral entered Russian history and world politics in the early nineties, as the brief prime minister of the Yeltsin government that was about to get the post Soviet economy back on its feet after the collapse of the Soviet Union.

 This granted him the admiration of the world but hardly the love of the people. The so called shock therapy, associated with the visiting economist and colleagues Anders Åslund and Jeffrey Sachs, implied a necessary but brutal transition from the waste of the planned economy to market economic principles. However, contrary to the common belief among senior Soviet officials and the aims of Mikhail Gorbachev, it soon turned out that the Soviet economy was so dysfunctional that reform was beyond reach. 

The break from the old was crucial to the rescue team. However, the immediate positive effects were scarce. In addition, the liberalization was further restrained by the still communistically dominated political establishment around Yeltsin. Due to the long dictatorship there was an imminent lack of entrepreneurs who could have been able to shoulder a renewal. Instead, Oligarchs and corruption flourished. (more…)