ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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ASEAN-EC Meeting Evading the Issues

Eastern Europe including the USSR appear to leave very few optiorts for the newly constituted democratic regimes of Eastern Europe. How do you view future changes in economic strategy and the traditional system of centralised control? LC: I do not see any future today for the traditional system of centralised control anywhere in Eastern Europe. I also feel that the decision of the Ryzhkov government to postpone major policy changes until 1993 is neither wise nor useful. It is a futile attempt to solve problems by old methods. In the short run, we will obviously have a major recession which will last for a year or two at the very least. But in the long run, 1 believe that we can

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