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Yeltsin eyes two elections
Boris Yeltsin, in typical unpredictable style, dismissed his entire Cabinet on March 23. The four principal figures in the dismissed Cabinet, Prime Minister Viktor Chernomyrdin, First Deputy Prime Minister in charge of economic affairs Anatoly Chubais, First Deputy Prime Minister Boris Nemtsov, and Minister for Interior Anatoly Kulakov were particular targets of Yeltsin's criticism in the pre-dismissal pronouncement of March 21.
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Rely not on fickle global capital
India's Executive Director in the IMF, M. R. Sivaraman, like his employers, holds that the problems of East Asia are due to inadequate financial-sector reforms rather than large-scale foreign investment. Nothing could be farther from the truth.
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Arjun's arrow
Prime Minister Atal Behari Vajpayee's dramatic announcement in the Lok Sabha on Tuesday that he would no longer contest elections is disappointing. Not that the next elections are necessarily near or that, at 72, it is too early for him to contemplate retirement from politics. If he had spelt out the reasons for his decision it would have been easier for the nation to reconcile itself to the jolt he gave it.
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Kerala's date with death
The Kerala model of development has long been cited at national and international levels as a triumph of rational social engineering. Economists like Amartya Sen have even placed it higher than countries like China on the human development scale.
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