ABSTRACT
Following description of the former Soviet Union economy on 16 October 1990, in the U.S.S.R. Presidential Guidelines for the Stabilization of the Economy and Transition to a Market Economy, is much more valid in March 1993, according to press news: The position of the economy continues to deteriorate. For economic and political stability, the reforming republics need humanitarian, technical, general financial assistance and access to Western markets. In view of past experience, Stanley Fischer observes that “aid has been helpful when it has been used to support programs chosen by recipient governments to which they have been fully committed.” The most recent evaluation by the World Bank is as follows: In the former Soviet Union, exports have fallen by half during 1991 and 1992; average GDP declined by about 20% in 1992. There exist export controls and tendency to create artificial trade barriers among independent states of the former Soviet Union.
