#6014 #6015
#8
Date: Wed, 09 Jan 2002
From: "Wolfram Schrettl" <wschrettl@diw.de>
Subject: Re: 5618-Mau Interview
David,
JRL 5618 contains the following material:
> #8
> Rossiyskaya Gazeta
> December 28, 2001
> MONEY TESTS
> Interview with Vladimir Mau of the Working Center for Economic Reforms.
> Author: Mikhail Antonov
> [from WPS Monitoring Agency, www.wps.ru/e_index.html]
(...)
> Quesiton: Western experts assure that we will die if we do not
> manage to get investments from abroad. Here is a typical quotation,
> German economist Wolfgang Schrettl writes, "We should do away with the
> myth that Russia is rich enough to overcome the crisis by itself. From
> the economic point of view, it is not a hyper-state. Its human
> potential is useless without foreign investments." Do you agree?
> Mau: It would be wrong to place hopes only on foreign
> investments. The most important thing is that Russia is open to
> innovations, world processes of technology development. The present
> situation in the world makes self-isolation disadvantageous. The
> country should compete in markets, including stock markets. However,
> we should not take this indisputable thesis as Russia's hopelessness
> and its dependence on foreign investments.
> (Translated by Daria Brunova)
I would like your readers to know that I fully agree with Vladimir Mau rather than with the statement which the interviewer, Mr Antonov, has ascribed to me.
I have asked that gentlemen to provide the source of the alleged quotation.
Let me also add that my correct first name is Wolfram (not Wolfgang).
Best regards,
Wolfram Schrettl
Head, International Economics
DIW Berlin German Institute for Economic Research
wschrettl@diw.de Tel.: +49-30-89789-340, Fax: -108
http://www.diw.de/english/abteilungen/wlt/index.html
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