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6 Banking Crisis and Recovery

6 Banking Crisis and Recovery »

Source: Russia Rebounds

Series: Books

Author(s): David Robinson , and David Owen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 September 2003

ISBN: 9781589062078

Keywords: banking, banking system, tax administration, expenditure, bonds

The August 1998 crisis had an immediate and significant impact on the banking system. The combination of the government’s de facto default on its domestic debt and the sharp devaluation of the ruble provided...

Central and Eastern Europe
			: Roads to Growth

Central and Eastern Europe : Roads to Growth »

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

DOI: http://dx.doi.org/10.5089/9781557751997.071

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

The experience of Central and Eastern European countries with moving from centrally planned to open-market economies is examined in this collection of papers given at an April 1991 seminar, moderated by Georg Winck...

Back Matter

Back Matter »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

The experience of Central and Eastern European countries with moving from centrally planned to open-market economies is examined in this collection of papers given at an April 1991 seminar, moderated by Georg Winck...

Front Matter

Front Matter »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

The experience of Central and Eastern European countries with moving from centrally planned to open-market economies is examined in this collection of papers given at an April 1991 seminar, moderated by Georg Winck...

7 Debt Crisis in Russia: The Road from Default to Sustainability

7 Debt Crisis in Russia: The Road from Default to Sustainability »

Source: Russia Rebounds

Series: Books

Author(s): David Robinson , and David Owen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 September 2003

ISBN: 9781589062078

Keywords: banking, banking system, tax administration, expenditure, bonds

The history of Russia’s debt is a central element in understanding the 1998 crisis. Russia’s debt stock at the time of the crisis was not overwhelmingly high—especially once account is taken of the fact that...

3 IMF-Supported Adjustment Programs in Central and Eastern Europe

3 IMF-Supported Adjustment Programs in Central and Eastern Europe »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

I. Introduction This paper explores the relationship between stabilization, economic growth, and systemic reform in Central and Eastern Europe. It draws on the experienc...

2 Macroeconomic Policymaking

2 Macroeconomic Policymaking »

Source: Russia Rebounds

Series: Books

Author(s): David Robinson , and David Owen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 September 2003

ISBN: 9781589062078

Keywords: banking, banking system, tax administration, expenditure, bonds

In early September 1998, the Russian economy was in a dire situation. The exchange rate peg that had been the linchpin of the stabilization effort had been abandoned, with the exchange rate promptly falling...

2. Opening Address

2. Opening Address »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

I am delighted that the Austrian National Bank and the International Monetary Fund are cooperating to sponsor this seminar, and I would like to thank Dr. Schaumayer, the President of the National Bank, for h...

1 Overview

1 Overview »

Source: Russia Rebounds

Series: Books

Author(s): David Robinson , and David Owen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 September 2003

ISBN: 9781589062078

Keywords: banking, banking system, tax administration, expenditure, bonds

Russia’s traditional capacity to puzzle and surprise observers has been revealed again in the economic developments of the past decade. Early in the transition, few outsiders could understand how the populat...

9. Panel Discussion

9. Panel Discussion »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

Constantine Michalopoulos I would like to thank the Austrian National Bank and the IMF for organizing this seminar and for the opportunity to make a few remarks on the role of the Wo...