Russia: economic reform and local politics

Article Abstract:

Local political leadership is key to bringing about economic reform in Russia. This is because of the country's vast size and the lack of centralized ways of inducing change such as an effective national judicial system. Local power-holders tend to be traditionalist holdovers from the Communist era who want subsidies and protection from competition for their outdated, unprofitable enterprises. The best hope for economic change lies in encouraging the few regions with reform-minded leaderships to change and hoping their example spreads outwards.

Commonwealth of Independent States

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Reform of the CAP: the beginning of the end or the end of the beginning?

Article Abstract:

The CAP deals with open internal markets, common financing and the preferences of the European Community. Price support for such products as dairy products, cereals and beef are the CAP's primary policy tool. The main problem with the CAP is the high level of prices. Lower prices are much more likely to result in sustainable reform than quotas. The EC is making some progress with its proposed CAP reforms, but the reforms need to be implemented more quickly to ensure success for the multilateral trading system.

Europe, International aspects, Agricultural price supports, European Union. Common Agricultural Policy

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Political and economic reform in China

Article Abstract:

China offers great promise for patient businesses with a long-term perspective that are willing to devote time and effort to cultivating the necessary knowledge and relationships. It could well become the next global economic superpower, though its development is sure to be uneven. It is, however, committed to market reforms and development, though these remain secondary to stability and ideological concerns. China has recently been growing at 12% annually, though inflation measures may lead to a recession.

China, Economic development

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