Macroeconomic Developments in the Baltics, Russia, and Other Countries of the Former Soviet Union, 1992-97

Macroeconomic Developments in the Baltics, Russia, and Other Countries of the Former Soviet Union, 1992-97
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Series:
Occasional Papers
Author(s):
Luis Valdivieso
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
January 1999
DOI:
http://dx.doi.org/10.5089/9781557757807.084
ISBN:
9781557757807
ISSN:
0251-6365
Page:
35
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.
Chapter

V The Initial Impact of the Asian Crisis on the Baltics, Russia, and Other Countries of the Former Soviet Union

Author(s):
Luis Valdivieso
Published Date:
January 1999
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