And after four years of annual economic growth averaging about 6 percent, the Russian economy requires no financial aid.
"If the economy requires us to wait a year or two, so be it."
The global economy of the 21st Century requires a college-educated workforce.
If the Internet has taught us anything, it is that the next century's economy will require literate experts to turn information into knowledge.
The American economy, however, does not require a labor force consisting solely of professionals.
A socialist economy, therefore, would require a price system in order to operate.
Poland has little of the financial and communication services a modern economy requires.
But if its economy requires massive help anytime soon, it is not clear where the assistance might come from.
The report was seen as basically confirming that the economy remains strong and may require higher interest rates to keep it under control.
But like any engine, the Island's economy requires maintenance to keep running smoothly.