External Borrowing in the Baltics, Russia, and Other States of the Former Soviet Union : The Transition to a Market Economy /

The external debt of many countries of the Baltics, Russia, and the former Soviet Union has been growing rapidly in recent years and has played an important part in the transition process. However, it is vital to strike a balance between financing transition and ensuring that the external debt is no...

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গ্রন্থ-পঞ্জীর বিবরন
প্রধান লেখক: Odling-Smee, John
অন্যান্য লেখক: Zavoiceo, Basil
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 1998.
মালা:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1998/005
অনলাইন ব্যবহার করুন:Full text available on IMF
বিবরন
সংক্ষিপ্ত:The external debt of many countries of the Baltics, Russia, and the former Soviet Union has been growing rapidly in recent years and has played an important part in the transition process. However, it is vital to strike a balance between financing transition and ensuring that the external debt is not used to finance wasteful expenditures or delay the transition process. This is especially important since the rising stock of external debt makes the borrowing countries increasingly vulnerable to changes in perceived creditworthiness. Accordingly, countries must adopt policies, including pressing ahead with structural reforms, to ensure that the borrowing is used to promote sound growth.
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দৈহিক বর্ননা:1 online resource (14 pages)
বিন্যাস:Mode of access: Internet
আইএসএসএন:1934-7456
প্রবেশাধিকার:Electronic access restricted to authorized BRAC University faculty, staff and students