How to rescue Russia
Article Abstract:
Russia's budget deficit can be eliminated with corrected economic policies. These would include a reduction in credit to corporations, a shut down of the rouble zone, and an increase in the domestic oil excise tax to 50% of the world market price.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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Debauchery: Russia's central bank
Article Abstract:
Russia's central bank is making unprecedented amounts of money available in a desperate attempt to boost production. The negative effect of this liberal monetary policy could be hyperinflation, which threatens to overtake the country.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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