Financial Crisis, Economic Recovery and Banking Development in Russia, Ukraine, and Other FSU Countries /

This paper provides a unified analysis for the onset of the 1998 financial crisis and the strong economic recovery afterward in Russia and other former Soviet Union countries. Before the crisis a banking failure arose owing to the coexistence of a lemons credit market and high government borrowing....

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Bibliographic Details
Main Author: Marin, Dalia
Other Authors: Huang, Haizhou, Xu, Chenggang
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/105
Online Access:Full text available on IMF