Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

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
For the Filipino comedian of similar name, see 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.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:4EXRU
Date:Nov 3, 1998
Words:276
Previous Article:Hitachi America, Ltd., Announces the Availability of a New Catalytic Decomposition System.
Next Article:Hills Reassigns Merchandising Responsibility; Announces Resignation of Larry Angst.



Related Articles
Russia's agony.
Bottoms up.
RUSSIA - The Financial Situation
Capital Controls - a la Russe.
Problems With Current U.S. Policy.
IMF SAYS WORLD ECONOMY'S GROWTH WILL SLOW TO 2% IN '98.
RUSSIAN PROPOSAL TO RAISE IMPORT TARIFFS COULD JEOPARDIZE IMF\LOAN.
RUSSIA DROPS TARIFFS PLAN; IMF LOAN BACK IN FOCUS.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles