Central Bank Reforms in the Baltics, Russia, and the Other Countries of the Former Soviet Union
February 5, 1998
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Since 1991, the 15 countries under review - have to varying degrees, been pursuing reforms whose broad objectives have been to achieve market-based determination of interest rates and exchange rates, manage banking system liquidity through market operations with indirect instruments, and provide the institutional underpinnings for the design and implementation of macroeconomic stabilization and structural reform programs supported by the IMF. This study reviews the experience under these programs and the economic developments in the countries that undertook them.
Subject: Bank deposits, Bank resolution, Bank supervision, Banking, Commercial banks, Credit, Currencies, Currency markets, Financial crises, Financial institutions, Financial markets, Financial regulation and supervision, Foreign exchange, Money, Payment systems, Treasury bills and bonds
Keywords: accounting reform, Baltics, bank, bank governance, Bank resolution, Bank supervision, central bank, Commercial banks, country, country ranking, Credit, Currencies, Currency markets, internal audit reform issue, OP, Payment systems, reform issue, restructuring policy, Treasury bills and bonds
Pages:
67
Volume:
1998
DOI:
Issue:
002
Series:
Occasional Paper No. 1998/002
Stock No:
S157EA0000000
ISBN:
9781557756985
ISSN:
0251-6365
