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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 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 Article IV Consultation with the Republic of Belarus

IMF Executive Board Concludes Article IV Consultation with the Republic of Belarus »

Source: Republic of Belarus : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2014/226

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 July 2014

ISBN: 9781498383356

Keywords: exchange rate, current account, external debt, current account balance, balance of payments

KEY ISSUES Context: Attempts to boost activity with policy stimulus, in lieu of much-needed structural reform, have failed to raise growth and contributed to large external imbalances. Adverse developments in the...

IMF Executive Board Concludes Fifth Post-Program Monitoring Discussions with Belarus

IMF Executive Board Concludes Fifth Post-Program Monitoring Discussions with Belarus »

Source: Republic of Belarus : Fifth Post-Program Monitoring Discussions

Volume/Issue: 2014/18

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2014

ISBN: 9781484382592

Keywords: Economic indicators, Debt sustainability analysis, Belarus, Banking sector, Monetary policy, Fiscal policy, Fiscal reforms, Press releases, Post-program monitoring, Staff Reports

This Informational Annex highlights a voluntary assessment of the National Bank of the Republic of Belarus (NBRB) completed in April 2004. It concluded that there were significant vulnerabilities in the safeguards...