Old habits

Article Abstract:

An International Monetary Fund (IMF) team has visited Romania to attempt to help with the country's finances. Prime minister, Radu Vasile, has set deadlines for reform and has succeeded in pushing a budget through parliament. The IMF allowed a previous loan agreement to collapse due to lack of reform, but is suggesting a new loan. Romania is unlikely to enjoy economic growth in 1998 and suffered a contraction in 1997. The government has promised tight monetary and fiscal policies as well as privatizations but there is concern that it could lose enthusiasm.

Intnl Affairs & Finance, National Security and International Affairs, Romania, International economic relations, Romanian foreign relations

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Suharto's family values

Article Abstract:

Suharto's rubber-stamp reelection to 7th five-year term raised questions about his plans to reform the economy and eventually cooperate with the terms of the International Monetary Fund bailout mandates. A review of 10 other possible East Asian economic/military crises is also provided.

International Affairs, Finance, taxation, & monetary policy, Intnl Monetary Fund, Economic aspects, Indonesia, Ethical aspects, Suharto, Political corruption, Indonesian foreign relations

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