It simply cannot be done from within Russia by Russians at this point. Within five years Russian businessmen can learn the mechanics of this process from their Western mentors and resume control over their business decision making process. The price of capital investment is willingness to accept leadership from those who risk their capital. Russians will not find capital for Russian designed solutions. They are inadequate at the moment.
Different experience is needed to make it work.
My comments here are brief and cannot hope to explain everything in details. The papers I have written about these subjects during the past seven years add up to megabytes of data and cannot be covered in one letter. But on each subject there are very detailed explanations available in my WWW pages with a carefully outlined dialectic on each point. My representation to you is that all of the necessary ingredients are present and available for achieving the economic reconstruction of Russia. The failure to accomplish this during the past seven years is due only to unwillingness to accept the reality of the necessary cure.