Policy Experiences and Issues in the Baltics, Russia, and Other Countries of the Former Soviet Union

Daniel Citrin and Ashok Lahiri

No 1995/005, IMF Occasional Papers from International Monetary Fund

Abstract: 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.

Keywords: OP; country; enterprise; government; right; enterprise arrears; exchange rate peg; arrears problem; rate of inflation; financial support; Inflation; Arrears; Monetary base; Exchange rates; Value-added tax; Baltics; Eastern Europe; Central Asia; Central and Eastern Europe (search for similar items in EconPapers)
Pages: 135
Date: 1995-06-01
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