Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

What Real Appreciation of the Ruble?

by Alvin Rabushka, Michael S. Bernstamvia russianeconomy.org
Monday, July 15, 2002

Even if there is such a thing as real appreciation of the ruble and if it takes some time for the real appreciation of the ruble to percolate through the economy, the magnitude of the changes over the past year does not warrant the conclusion that a major culprit in Russia's slowing growth is real ruble appreciation.

Analysis and Commentary

The Case for Not Invading Iraq

by David R. Hendersonvia Hoover Daily Report
Monday, July 15, 2002

There is little evidence that Hussein is mad, and his rational response to the dangerous incentives President Bush has set up should make us afraid.