Excerpt from Global Economic and Technological Change: Former Soviet Union and Eastern Europe, and China, Vol. 2: Hearing Before the Subcommittee on Technology and National Security of the Joint Economic Committee, Congress of the United States, One Hundred Second Congress, Second Session; June 8 and July 27, 1992 Throughout the Commonwealth, the economic transformations that are occurring will be accompanied by social and political turmoil. In the next year or so tensions are bound to increase significantly as unemployment grows and privatization evokes bitter quarrels over social justice. There will be powerful pressures to adopt inflationary poli cies in an effort to ease the pains of economic transition. In Russia, Yel'tsin has man aged so far to stick to the major tenets of his reform program, but his continued ability to do so may well be reduced by political fallout from the sacrifices reform will entail. Even under the best conditions, the economic outlook for the next year or two will be grim in all of the Commonwealth states. Output will continue to decline, unemploy ment and inequalities in the distribution of income will rise, and the struggle against in nation will be difficult. In large part, the outcome will depend on the degree of success that the new countries achieve in the following key areas. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.