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WHAT THE RUSSIAN ECONOMY NEEDS (int'l edition)''Russia: The end of reform?'' (European Business, Sept. 7) posed a profound question. Great enterprises demand great risks. They require the investment of extraordinary efforts. Above all, national reforms cannot succeed without management excellence. Russians have been denied this since their emancipation from Soviet communism in 1991. It should be clear that Viktor S. Chernomyrdin's oligarchic approach or now Primakov's Soviet ''New Deal'' style will not right the financial fiasco and collapse of Russia's free markets caused by President Boris N. Yeltsin. The Duma must bury its political differences and unite behind a national imperative by embracing democracy and market economies. The will of the people should guide its decisions and ameliorate its differences. Only Russians can provide the right answers.
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Updated Sept. 24, 1998 by bwwebmaster
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