Payment Arrears in the Gas and Electric Power Sectors of the Russian Federation and Ukraine /

This paper discusses payments arrears in the Russian Federation and Ukraine, with emphasis on the gas and electric power sectors. Payments arrears, which were triggered primarily by the dislocations experienced during the transition from a centrally planned to a market economy, have reached signific...

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Detaylı Bibliyografya
Yazar: Gurgen, Emine
Diğer Yazarlar: Bagratian, Hrant
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1997.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 1997/162
Online Erişim:Full text available on IMF
Diğer Bilgiler
Özet:This paper discusses payments arrears in the Russian Federation and Ukraine, with emphasis on the gas and electric power sectors. Payments arrears, which were triggered primarily by the dislocations experienced during the transition from a centrally planned to a market economy, have reached significant proportions in these two countries. Governments have aggravated the problem by not honoring their own bills and by condoning payments arrears outside the budget. The paper argues that the solution to the problem lies in the implementation of comprehensive systemic reforms and outlines possible measures.
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Fiziksel Özellikler:1 online resource (25 pages)
Materyal Türü:Mode of access: Internet
ISSN:1018-5941
Erişim:Electronic access restricted to authorized BRAC University faculty, staff and students