The IMF and Russia in the 1990s

John Odling-Smee
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John Odling-Smee: International Monetary Fund

IMF Staff Papers, 2006, vol. 53, issue 1, 7

Abstract: This paper explains the IMF's impact on economic policies in Russia, focusing on where the IMF made a difference. The Russian economic and political leadership essentially determined economic policies. The IMF's influence was modest: it had a limited impact on overall fiscal policy and major structural reforms, but it had a positive impact on monetary policy. A tougher position on fiscal policy in 1996-98 might have produced a better outcome. The G-7's concerns weakened the IMF. However, the IMF played a major role in transferring knowledge about macroeconomic policymaking and implementation. Copyright 2006, International Monetary Fund

JEL-codes: E60 E62 P20 P34 P35 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:pal:imfstp:v:53:y:2006:i:1:p:7

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