Stiglitz on Russia

Doug Henwood dhenwood at panix.com
Thu Aug 15 17:08:10 PDT 2002


Chris Doss wrote:


>Please ask him his views on Russian economic growth over the past
>three years. Does he think this is a reflection of systemic
>developments in the structure of the Russian economy, or is it due
>largely or solely to external factors? Thanks.

He said growth was to be expected after such a severe decline, and didn't seem convinced of its permanence. He was quite worried about the level of industrial concentration, which he says is inconsistent with the development of properly competitive markets.

Doug



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