Sachs is also more optimistic than his critics about the capacity of some Russian enterprises to swim with the foreign sharks.
He is starting from a stronger position than managers of most other huge Russian enterprises.
To encourage investment in Russian enterprises, the Government is trying to drive down interest rates substantially, to about 20 or 25 percent.
Several hundred Russian enterprises have already been re-registered in Kazakhstan.
There are currently four Russian enterprises doing business on the territory of Monaco.
In just two years, Russian enterprises employing one-third of the industrial labor force have gone private.
Violations of workers' rights are rife at Russian enterprises.
The takeover target, like most Russian enterprises, has no effective accounting, purchasing or marketing capabilities.
American scientific assistance to all Russian enterprises runs about $50 million a year, officials said.
The project, now commercial, is like many Russian enterprises, in need of funds.