Yeltsin agonistes

Article Abstract:

Boris Yeltsin is responding to resistance among Russia's factory managers to his six-month-old free market reforms by naming certain managers of state-run industries to influential policy positions. Vladimir Shumeiko, chairman of the Confederation of Unions of Entrepreneurs of Russia, is a new deputy prime minister.

Industrial policy

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The case for Yeltsin

Article Abstract:

Boris Yeltsin's plan for economic reform in Russia has begun to falter. More money is being printed despite hyperinflation and domestic oil prices are still tightly controlled. The International Monetary Fund (IMF) is considering withdrawing loan offers. Yeltsin thinks Russia should be granted exceptions.

Editorial

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Another battle to fight: Russia's budget

Article Abstract:

Russia's Boris Yeltsin is making sound promises to reduce its budget deficits and thus renew its borrowing from the International Monetary Fund. The proposals include imposing more taxes and no public spending to rebuild war-torn Chechnya.

Budget deficits

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