New issue of economic monitoring


The authorities resumed active policy changes in mid May.  Right now the main policy is to execute as much cutting of spending as possible.  Yet those reforms, targeted to improve administrative efficiency and contain corruption, seem either distorted or seriously delayed.  More about recent tendencies you can read in our new report “Policy Advances At Last”. The full report could be obtained through subscription at Global Source (  Trial access is available.

Summary of Economic Overview

June 24, 2011