Could it lead to fascism?
Article Abstract:
Russia has seen a drop in stock prices, the ruble is under pressure, short-term interest rates have risen, there is unemployment, and a low male life expectancy. The government cannot both control government spending and pay unpaid bills. President Boris Yeltsin has supported a reformist prime minister, Sergio Kiriyenko, but the oligarchs appear to see Yeltsin as on the way out. There is support for Gennady Zyuganov as a candidate for president, though he may not win a second round of a presidential election.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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End of a road for Russia?
Article Abstract:
Russia faces a collapse in the value of the ruble, and the government has defaulted on debt, while the president, Boris Yeltsin, has sacked his government. Yeltsin is under pressure to give up some of his power. International Monetary Fund aid has been postponed. Unrest could break out and this would make choosing a prime minister less relevant. Russia's problems are likely to take generations before they can be solved. Solutions can be found, but they are unlikely over the short term.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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Russia takes the plunge
Article Abstract:
The Russian economic and political crisis is important for a number of reasons such as the size of Russia, its natural resources, and its large educated population. Western countries should help prevent Russian scientists from selling nuclear expertise elsewhere, and seek to engage Russia. The West should not provide further aid until real reforms have been carried out. Western countries should not seek to back political winners in Russia.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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