Russia: Recent Economic Developments

IMF Staff Country Reports, September 22, 1999

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Russia: Recent Economic Developments

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Bibliographic details

• Published: September 22, 1999
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451832976.002

Overview

• This paper reviews economic developments in the Russian Federation during 1990–98.
• Format: IMF Staff Country Reports, Issue 100, Volume 1999, Pages: 160.
• Publication date shown on the landing page: September 22, 1999.
• DOI: https://doi.org/10.5089/9781451832976.002
• ISBN: 9781451832976
• ISSN: 1934-7685
• Stock No: 1RUSEA0011999

Summary findings (1990–98)

• Output fell precipitously in 1992–94 in response to the withdrawal of subsidies and the disruption in traditional economic relations.
• The decline began to taper off after 1994, and real GDP registered a small increase in 1997.
• The recovery was short-lived; GDP was already on a downward trend by the first half of 1998.
• The contraction was severely aggravated by the economic crisis that erupted in mid-1998.

Major thematic coverage (as listed)

• Arrears
• Banking
• Commercial banks
• Correspondent banking
• Credit
• Currencies
• External debt
• Financial institutions
• Financial services
• Money

Keywords and scope

• Keywords: Arrears, Asia and Pacific, Commercial banks, Correspondent banking, CR, Currencies, debt service, economic crisis, exchange rate, federal government, foreign currency, Global, gross domestic product, ISCR, U.S. dollar
• Subject areas indicate focus on fiscal and financial sector stress, external debt and currency issues, and banking-sector developments during transition and crisis periods.

Publication metadata and access

• Series: Country Report No. 1999/100
• Issue: 100
• Volume: 1999
• Pages: 160
• DOI: https://doi.org/10.5089/9781451832976.002

Source: IMF Staff Country Reports — "Russia: Recent Economic Developments", September 22, 1999.

Content in this bundle

• Russian Federation: Recent Economic Developments - ISCR/99/100
  • Russian Federation: Recent Economic Developments - ISCR/99/100 (Markdown version)
  • Russian Federation: Recent Economic Developments - ISCR/99/100 (PDF)