11. In fact, some Western economists say that the Japanese government has a reasonable position in its concern for fiscal deficits. 12. Intelligent and engaging, Nemtsov is the darling of Russian reformers and Western economists who admire his efforts to introduce free market reforms to backward Nizhny Novgorod. 13. Many western economists were expecting a further interest rate cut in the first quarter. 14. Many Western economists and policy makers assumed successful reforms in Eastern Europe in the post-Communist period could be grafted onto Russia. 15. Now they are seen by many, including some leading Western economists, as a wooden stake to halt the Dracula-like speculative attacks on developing country markets. 16. One Western economist, however, said the crisis atmosphere here was overblown. 17. Other lawmakers, like many Western economists, believe the budget is too optimistic in its projections of revenue and of the amount of Western aid Russia will receive. 18. Poland invited Western economists and investment bankers to help design and execute its reform package. 19. Similar urgings have come from western economists and industrialists who have studied the reforms and said that foreign investment could soar if the reform program moved into high gear. 20. Some Western economists however, insisted that the IMF was too doctrinaire. |