Debt Accumulation in the CIS-7 Countries : Bad Luck, Bad Policies, or Bad Advice? /

Following the breakup of the Soviet Union in 1992, several low-income countries in the Commonwealth of Independent States (CIS) accumulated substantial external debt in a short time span, about half of which is owed to multilateral financial institutions. Three factors contributed to the current deb...

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Bibliographic Details
Main Author: Mody, Ashoka
Other Authors: Helbling, Thomas, Sahay, Ratna
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/093
Online Access:Full text available on IMF