ADVISORY/IMF Disapproves of Russia's Economic Revivial Plan.--(BUSINESS WIRE)--Nov. 3, 1998-- TOPIC: Moscow's economic reform package was rejected by the International Monetary Fund on the basis that it would actually worsen wors·en tr. & intr.v. wors·ened, wors·en·ing, wors·ens To make or become worse. worsen Verb to make or become worse worsening adjn the economy by widening the budget deficit, causing increased inflation and discouraging international loans and investment. The plan, released Saturday, gives tax breaks to industry, pays wages by printing more money and heightens government economic control. The IMF IMF See: International Monetary Fund IMF See International Monetary Fund (IMF). said it will not resume lending until a better plan is put forth by Moscow. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Michael V
Michael V the Caulker or Kalaphates (Greek: Μιχαήλ Ε΄ Καλαφάτης, . Alexeev is a professor of Economics at Indiana University Indiana University, main campus at Bloomington; state supported; coeducational; chartered 1820 as a seminary, opened 1824. It became a college in 1828 and a university in 1838. The medical center (run jointly with Purdue Univ. , specializing in Russia and the European Community European Community: see European Union. European Community (EC) Organization formed in 1967 with the merger of the European Economic Community, European Coal and Steel Community, and European Atomic Energy Community. . Professor Kent Moors is a political science professor at Duquesne University specializing in International Policy Analysis, particularly in Russia. Michael Spagat is a professor of economics, specializing in Soviet and Russian economies at the University of London For most practical purposes, ranging from admission of students to negotiating funding from the government, the 19 constituent colleges are treated as individual universities. Within the university federation they are known as Recognised Bodies . Neil John Melvin is a political science professor at Leeds University specializing in Russian Political/Economic Risk Assessment -0- ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. Journalists seeking to interview any of these experts can obtain contact information by visiting the ExpertSource website: http://www.businesswire.com/expertsource. ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at the above web address. Business Wire's Virtual Press Club provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com) for more information. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion