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This paper is based on an internal report prepared by the IMF staff in connection with the application of the Czech and Slovak Federal Republic (Czechoslovakia) for membership in the IMF. The paper surveys the economic system that had developed up to the time of the reforms begun in 1987 and...
Persistent link: https://www.econbiz.de/10014399300
The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries …
Persistent link: https://www.econbiz.de/10014399817
Am 3. Januar 1992 stellte der Präsident der russischen Föderation den offiziellen Antrag auf Aufnahme in den IMF und die Weltbankgruppe. Bereits seit November 1991 besuchten IMF-Experten Moskau, um mit den russischen Behörden die Wirtschaftspolitik zu besprechen, eine fundierte...
Persistent link: https://www.econbiz.de/10000323678
This Selected Issues paper analyzes the entrenched inflation in Russia. It presents a possible explanation for the …. The paper focuses on measuring the performance of fiscal policy in Russia. It examines capital structures and … vulnerabilities for the corporate sector in Russia. Recent developments and remaining challenges for the Russian banking sector are …
Persistent link: https://www.econbiz.de/10014406039
This Selected Issues paper for the Russian Federation discusses existing empirical efforts to measure the determinants of cross-country financial integration. Empirical studies that have adopted the gravity-model framework have found that it is generally successful in explaining bilateral...
Persistent link: https://www.econbiz.de/10014402693
Macroeconomic developments have been very favorable since early 1999, strengthening in important areas lately. Real GDP has more than recovered from the recession that followed the 1998 crisis and the recovery is gaining momentum, with recent data suggesting that real GDP is growing at an annual...
Persistent link: https://www.econbiz.de/10014402775
exchange market, and Russia’s banking system is still comfortably liquid with overnight interbank rates at the lower end of the …
Persistent link: https://www.econbiz.de/10014402837
The Russian economy has improved after the recession, but recovery is fragile. Executive Directors appreciated the pre-crisis policy of taxing and saving oil revenues in a stabilization fund, which had created significant space for fiscal expansion, monetary easing, and extraordinary liquidity...
Persistent link: https://www.econbiz.de/10014402945
This paper describes economic developments in the Russian Federation during 1995–96. It reviews trends in the domestic economy. It describes developments in the public finances, monetary policy, financial sector, and the external sector. The paper highlights that the output decline slowed to 4...
Persistent link: https://www.econbiz.de/10014397392
Output has rebounded strongly and is now above the pre-crisis level in Russia. Inflation pressure stemming from the …
Persistent link: https://www.econbiz.de/10014398793