Investments

First steps from socialism to capitalism

Kirsan Ilyumzhinov First steps from socialism to capitalism

We were on the threshold of major fundamental change. The republic was precipitously turning towards the market. I was doing my utmost to employ, and modify, every policy that could be of use to Kalmykia. I wanted people to see the light at the end of the tunnel, as it were, and to feel some relief at last. These steps took a lot of painstaking effort. Every problem led to another one. A whole knot of contradictions! I had to single out the priorities. A severe centralization of power was needed.
Read the rest of this entry »