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

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.
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Volume/Issue: Volume 1995 Issue 005
Publication date: June 1995
ISBN: 9781557755186
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Topics covered in this book

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Business and Economics , Exports and Imports , Inflation , Money and Monetary Policy , Taxation - General , 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

Summary

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.