You stress rightly that substantial restructuring has yet to be carried out. Your remarks on the difficulties in delivering change are right on the mark. You also suggest that some reforms are now taking place and that barter for inter-company arrears is falling.
A test of the success of the economy will eventually be in the FDI which up to now has been pretty disappointing.
—Jacques de Larosière, Paris, France
©OECD Observer No 236, March 2003