Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

Two Conflicting Policies in Search of Growth

by Alvin Rabushka, Michael S. Bernstamvia russianeconomy.org
Tuesday, April 10, 2001

Two rival predictions have been made on Russian economic growth. One, by experts from the IMF, WB, and Russians themselves, is that relaxing the 75% rule will, by slowing ruble appreciation, increase growth. The other, which we have made, is that relaxing the rule will slow growth.