Carnegie Mellon University
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Russia and the Monetary Fund

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journal contribution
posted on 1996-01-01, 00:00 authored by Allan MeltzerAllan Meltzer

The news from Russia seemed to improve dramatically in the past year. Boris Yeltsin recovered from his ailments, was re-elected as president, agreed to let Nato expand(for a price), appointed a "reform" government, signed a peace treaty with Chechnya, and finally allowed enough reform to let the oil pipeline negotiations proceed. Is Russia now on its way, slowly, toward stability under democratic capitalism?


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