Macroeconomic Developments in the Baltics, Russia, and Other Countries of the Former Soviet Union, 1992-97
Summary:
This paper discusses the significant overall progress with macro stabilization of these transition countries during 1992-1997. While average inflation declined steadily since 1992, output fell significantly for many of these countries during this period, and it was not unti 1996-97 that as a group they experienced positive growth, financial policies, the current account, competitiveness, debt-and non-debt-creating capital flows, and the initial impact of the Asian crisis.
Series:
Occasional Paper No. 1999/001
Subject:
Currency markets Debt burden External debt Financial markets Foreign exchange International capital markets Real exchange rates
English
Publication Date:
January 6, 1999
ISBN/ISSN:
9781557757807/0251-6365
Stock No:
S175EA0000000
Pages:
35
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