The meaning of your question is quite clear but the problem is that everything that was tried in OTL within few post-Soviet years proved to be a failure: economic theories which looked good on paper did not survive contact with a reality and ‘universal solution’ for all social problems (western style democracy) did not work either.
Which scenarios were not tried?
1st, Immense foreign investments on a scale of at least Marshall’s Plan. Not sure if they would be productive without a complete destruction of an existing bureaucratic structure and physical extermination of the criminal structures which were controlling a big part of the economy. None of these prerequisites could be easily accomplished in conjunction with a democratic model which was a top ‘western’ priority in post-Soviet Russia.
2nd, establishment of an authoritarian regime from the very beginning. This may (or may not) prevent things from a complete deterioration even without a massive help from outside, especially if government is smart enough not to ask for economic advice the Ivy League ‘experts’. The result would be something like today’s Russia without memory of the 1990’s. A bonus: absence of the bad memories associated with the word ‘democracy’ (it seems to be quite unpopular in nowaday’s Russia).
I did not touch the foreign policy issues because they are seemingly out of scope of your question.
It requires people that belive in Russia and not the dollar.
I would say short term marshal law.
Has to be removed in 1 year
Free open elections
Public discourse and complaints need to be heard
Salvage the older people who worked their entire lives under 1 system.. Don't make them suffer
Investment is a must from the outside. But i Woukd agree from any view that the investment belongs to Russia. It's an investment, sure pay a dividend to investors. But the investment is owned by Russia.
Allow competition slowly, not overnight. This should be a 5 year plan. Require qa reports, product satisfaction, testing and standards. Time-line to go from A to Z.
Russia will suffer at first.. That's a given
. But if the pain is short lived . Great
Decrease military tensions ..
Decrease threat postures...
The USA doubled down after the fall.
He bring the Russians into the fold, slowly but surely
Lots of things can be done.
It's not going to be USA 2.0
But Russia has the potential to be German success on massive steroids . That scares the shit out of the wesr if they ever got their shit together ..