Policy Experiences and Issues in the Baltics, Russia, and Other Countries of the Former Soviet Union
June 1, 1995
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This papers reviews the common challenges and key issues in the transition process, including the decline in output and determinants of future growth; the behavior of inflation and velocity and implications for stabilization policy; interenterprise arrears; fixed versus flexible exchange rates in stabilization; external financial assistance; and the political economy of macro stabilization, Russia and the IMF.
Subject: Arrears, Exchange rates, External debt, Foreign exchange, Inflation, Monetary base, Money, Prices, Taxes, Value-added tax
Keywords: Arrears, arrears problem, Baltics, Central and Eastern Europe, Central Asia, country, Eastern Europe, enterprise, enterprise arrears, exchange rate peg, Exchange rates, financial support, government, Inflation, Monetary base, OP, rate of inflation, right, Value-added tax
Pages:
135
Volume:
1995
DOI:
Issue:
005
Series:
Occasional Paper No. 1995/005
Stock No:
S133EA0000000
ISBN:
9781557755186
ISSN:
0251-6365
Notes
Edited by Daniel A. Citrin and Ashok K. Lahiri with Jonathan Anderson, Eduard Brau, Adrienne Cheasty, Richard Hemming, Ernesto Hernandez-Cata, Jeromin Zettelmeyer.
