IMF Staff Country Reports

Russian Federation: Selected Issues

September 22, 2008

Download PDF

Preview Citation

Format: Chicago

Russian Federation: Selected Issues, (USA: International Monetary Fund, 2008) accessed December 10, 2024

Also available in: русский

Summary

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 financial flows. If the pension gap were to be financed through the budget, the model simulations suggest that fiscal room is best created by lowering government consumption. Consideration should be given to outsourcing the management of the mandatory contributions to private asset managers.

Subject: Aging, Expenditure, Financial integration, Financial markets, Labor, Pension spending, Pensions, Population and demographics, Retirement

Keywords: Aging, CIS country, CIS dummy, CIS economy, CIS market, CR, Financial integration, Global, ISCR, Pension spending, Pensions, Replacement rate, Retirement

Publication Details

  • Pages:

    44

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2008/308

  • Stock No:

    1RUSEA2008001

  • ISBN:

    9781451833164

  • ISSN:

    1934-7685

Notes

Also available in Russian