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Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union

Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union »

Series: Occasional Papers

Author(s): Donal McGettigan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 2000

DOI: http://dx.doi.org/10.5089/9781557758262.084

ISBN: 9781557758262

Keywords: current account, debt, debt service, external debt, deficits

Large current account imbalances have been recorded in the Baltics, Russia, and other countries of the former Soviet Union since their independence. Are these current account positions sustainable, reflecting the s...

Back Matter

Back Matter »

Source: Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union

Series: Occasional Papers

Author(s): Donal McGettigan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 2000

ISBN: 9781557758262

Keywords: current account, debt, debt service, external debt, deficits

Large current account imbalances have been recorded in the Baltics, Russia, and other countries of the former Soviet Union since their independence. Are these current account positions sustainable, reflecting the s...

Front Matter

Front Matter »

Source: Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union

Series: Occasional Papers

Author(s): Donal McGettigan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 2000

ISBN: 9781557758262

Keywords: current account, debt, debt service, external debt, deficits

Large current account imbalances have been recorded in the Baltics, Russia, and other countries of the former Soviet Union since their independence. Are these current account positions sustainable, reflecting the s...

First Post-Program Monitoring Discussion—Informational Annex

First Post-Program Monitoring Discussion—Informational Annex »

Source: The Republic of Belarus : First Post-Program Monitoring Discussions

Volume/Issue: 2011/277

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2011

ISBN: 9781463903008

Keywords: exchange rate, foreign exchange, external debt, current account, exchange rates

Belarus was experiencing an economic crisis after the expiration of a Stand-By Arrangement in March 2010. Its policies were loosened significantly, and consequently the account deficit increased and pressure on res...

I Overview

I Overview »

Source: Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union

Series: Occasional Papers

Author(s): Donal McGettigan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 2000

ISBN: 9781557758262

Keywords: current account, debt, debt service, external debt, deficits

The virulence of the financial crisis in Asia and the continuing crisis in Russia highlight the importance of assessing the sustainability of a country’s current acc...

II Current Account Developments

II Current Account Developments »

Source: Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union

Series: Occasional Papers

Author(s): Donal McGettigan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 2000

ISBN: 9781557758262

Keywords: current account, debt, debt service, external debt, deficits

Current account developments in the Baltics, Russia, and other countries of the former Soviet Union since independence are covered comprehensively in Kapur and van der Mensbrugghe (1997)....

III Indicators of Current Account Sustainability

III Indicators of Current Account Sustainability »

Source: Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union

Series: Occasional Papers

Author(s): Donal McGettigan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 2000

ISBN: 9781557758262

Keywords: current account, debt, debt service, external debt, deficits

Previous studies have investigated the potential usefulness of current account or, more broadly, external sustainability indicators. Recent papers that examine the effectiveness of a variety of...

IMF Concludes 2003 Article IV Consultation with the Republic of Belarus

IMF Concludes 2003 Article IV Consultation with the Republic of Belarus »

Source: Republic of Belarus : Staff Report for the 2003 Article IV Consultation

Volume/Issue: 2003/117

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2003

ISBN: 9781451805079

Keywords: exchange rate, macroeconomic policies, balance of payments, structural reforms, current account

This 2003 Article IV Consultation states that Belarus made noticeable progress in some areas of economic reform over the past several years, but overall macroeconomic performance in 2002 was mixed. Inflation in 200...

IMF Executive Board Concludes 2012 Article IV Consultation and the Second Post-Program Monitoring Discussions with Belarus

IMF Executive Board Concludes 2012 Article IV Consultation and the Second Post-Program Monitoring Discussions with Belarus »

Source: Republic of Belarus : 2012 Article IV Consultation and Second Post-Program Monitoring Discussions: Staff Report; Informational Annex; and Public Information Notice on the Executive Board Discussion.

Volume/Issue: 2012/113

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 May 2012

ISBN: 9781475503807

Keywords: exchange rate, external debt, current account, current account balance, current account deficit

This paper focuses on the 2012 Article IV Consultation and Second Post-Program Monitoring Discussions with Belarus. Since mid-2011, the authorities have been implementing stabilization measures. The financial syste...

IMF Executive Board Concludes 2011 Article IV Consultation with Belarus

IMF Executive Board Concludes 2011 Article IV Consultation with Belarus »

Source: Republic of Belarus : 2011 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2011/66

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2011

ISBN: 9781455220007

Keywords: exchange rate, current account, current account deficit, external debt, structural reforms

Belarus's economy grew rapidly but remained vulnerable to external shocks. Under the IMF-supported program, Belarus avoided loss of output during the global recession, contained inflation, and increased gross reser...