00-00-0000 ECONOMY: A FAIR SHAKE; Further Chapters in Yerevan's Privatization Debate.
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ECONOMY: A FAIR SHAKE; Further Chapters in Yerevan's Privatization Debate.
The chicken and the encourage question pops up often in the debate through economies in transition in Eastern Europe and the former Soviet Union: which originates first - privatization or improved economic conditions?
Privatization, argue the reformists, for things must finish worse first or nothing will prepare better, because it is simply through privatization that the economy will improve, eventually employing greater numbers of nation and becoming more productive.
But according to mostly opposition parties in each