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Russia Eyes Economic Boom Amid Reform Path
Russia's economy shows signs of stabilization with IMF monitoring and potential growth of up to 10 percent in 1996. Yet elections in December and June risk policy shifts that could derail reform. Privatization has boosted private ownership to over half of firms, while equity markets remain limited but evolving with $103 billion in tradable stocks and $3.50 per barrel oil valuation.
MENTIONED IN THIS ARTICLE
Moscow
St. Petersburg
Russia
Organization For Economic Cooperation and Development
Boris Yeltsin
Viktor Chernomyrdin
Yeltsin
Poland
Romania
International Monetary Fund
CS First Boston
U.S
Focal
First Boston
Latin America