Word: reformist
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...that when Yeltsin does not offer his coattails, they risk a ride into oblivion. While Yeltsin remained silent after the electoral returns, his confidant Mikhail Poltoranin warned, "Fascism is creeping in the door opened by our divisions and our ambitions." Yegor Gaidar, who heads Russia's Choice, the largest reformist party, and is architect of Yeltsin's economic reforms, was more blunt, calling upon the three reformist parties to "lay aside all ambitions and disagreements" to forge a "united front...
...Safire, it was noble enough. Furthermore, he believes that the system he perpetuated has continued until the present, where Rollins' "curiously reformist" remarks are just a public statement of privately acknowledged fact. Instead of investigating, prosecuting and "re-run"-ing affairs in New Jersey, Safire endorses "a few good reporters, preferably Black and street-smart, to lay out this bipartisan system for all to marvel...
...enthusiastic about seeing the reconstruction effort continue. After Hosokawa's election, Clinton, who took the unusual step of endorsing Hosokawa's agenda during the campaign, turned down the heat on U.S.-Japan trade issues and even intervened in international money markets in order to help buy time for the reformist Prime Minister. But as Clinton told Hosokawa at the Asia-Pacific Economic Cooperation summit in Seattle, the U.S. is eager to see results now that the political-reform bill is all but assured. Foremost on Washington's wish list for Tokyo is a Japanese tax cut to revive the economy...
...stop-go cycle of austerity and relaxation results from a paradox. China's reformist economy "suffers not from too much central control but too little," notes Richard Margolis, an executive at the Smith New Court Far East investment firm in Hong Kong. Much of the country's inflation last year, for example, resulted from Beijing's malnourishment by the primitive taxation system. With more than 80% of all tax revenues left in provincial coffers, the central government simply printed more money to finance its major infrastructure undertakings. At the same time, provincial authorities launched an orgy of speculative development projects...
Indeed, Kim has at times seemed to get carried away by his reformist zeal, promoting legislation against more conventional practices such as intrafamily asset transfers, which are widespread in a country whose effective average tax rate nears 60 percent...