Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

The 100% Repatriation Rule: An Option for Russia

by Alvin Rabushka, Michael S. Bernstamvia russianeconomy.org
Thursday, January 25, 2001

All we need to establish as a policy matter is that the Central Bank's 75% repatriation and conversion rule appears to have been largely successful. What would be the consequences of a 100% rule?