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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...

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...

IV Summary and Conclusions

IV Summary and Conclusions »

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 recent external crises—both in Asia and in countries such as Russia and Ukraine—highlights the importance of a continuous assessment of a country’s vulnerability to crisis. The...