Macroeconomic developments in the Baltics, Russia, and other countries of the former Soviet Union, 1992-97 /

Determined macroeconomic policy, combined with favorable external developments, has reduced inflation, improved public finances, led to a stable currency, and helped strengthen the banking system in Egypt. Nonetheless, the task of delivering sustained growth of output and employment is incomplete. T...

• Main Author: Valdivieso, Luis M.
• Format: Book
• Language: English
• Published: Washington, D.C. : International Monetary Fund, 1998
• Series: Occasional paper (Fondo Monetario Internacional) 163
• Subjects: CONDICIONES ECONOMICAS > 1992-1997; ESTABILIZACION ECONOMICA; POLITICA ECONOMICA; POLITICA MONETARIA; FEDERACION DE RUSIA; ESTADOS BALTICOS

Table of Contents:

• 1. Introduction
• 2. Inflation, growth and financial policies
• 3. The current account, growth and competitiveness
• 4. Debt- and non-debt-creating capital flows
• 5. The initial impact of the Asian crisis on the Baltics, Russia and other countries of the Former Soviet Union
• Appendix: background tables.