Hidden Bibliographic Details
| Other authors / contributors: | Mensbrugghe, Emmanuel van der.
International Monetary Fund. European II Department.
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| ISBN: | 1451895798
9781451895797
1281345482
9781281345486
1462353010
9781462353019
1451998554
9781451998559
9786613779052
6613779059
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| Notes: | Includes bibliographical references (pages 42-43).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | This paper highlights some issues surrounding the sustainability of the external borrowing strategies of the Baltics, Russia and other CIS countries (B-CIS) with the aim of drawing lessons for debt management by these countries and, in particular, for future borrowing on the international capital markets. Section II reviews the amounts and sources of external financing for the fifteen B-CIS countries during 1993-96, while Section III discusses the characteristics of their external debt position at the end of 1996-five years after the break-up of the Soviet Union and roughly two years after the beginning of serious stabilization efforts in most of these countries. Section IV presents some factors that should be taken into account in evaluating the external borrowing strategies of the B-CIS countries, particularly the fiscal aspects. Section V examines some possible policy conclusions from the analysis.
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| Other form: | Print version: Kapur, Ishan. External borrowing by the Baltics, Russia and other countries of the Former Soviet Union. [Washington, D.C.] : International Monetary Fund, European II Dept., ©1997
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