Wednesday, July 18, 2007

Still Privatizing After All These Years; WORLD BANK CASE STUDY

The World Bank's Russia office turns 15

By Alexander Zaitchik ( )

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Russia-watchers know the horrific stat about Russian men's grotesquely low life expectancy, which in the 1990s reached levels normally associated with Tse Tse fly-infested backwaters in Africa. But over the past few years, things have started to turn around. Russia's male life expectancy has risen from a Congo-like low of 56 to nearly 60, which, coincidentally, is the retirement age for Russian men. Finally, they're about to live long enough to start collecting their pensions.

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