Privatising Russia

Article Abstract:

Most of Russia's light industry and 100,000 shops are to be in private hands within a year. Many enterprises are not waiting for the government and are starting to unfairly privatize themselves. The best hope for success would be if the government gave the enterprises away in a controlled manner.

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


The rooks have come

Article Abstract:

Privatization has been plagued by corruption and has been done without introducing competition. One improvement in the making is a ruling favoring minority shareholders, which could introduce other improvements. Pres Boris Yeltsin and his administration must continue to press reforms.

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Mass appeal

Article Abstract:

Boris Yeltsin is taking a brave and radical step in giving Russian citizens shares of businesses being privatized. The action will cause bankruptcies and unemployment, but it is a needed step.

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Economic policy, Russia, Yeltsin, Boris, Privatization, Privatization (Business), Economic aspects
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.