Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union /

Large current account imbalances have been recorded in the Baltics, Russia, and other countries of the former Soviet Union since their independence. Are these current account positions sustainable, reflecting the special circumstances of transition, or are the positions untenable over the longer ter...

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Bibliografski detalji
Glavni autor: McGettigan, Donal
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2000.
Serija:Occasional Papers; Occasional Paper ; No. 2000/005
Online pristup:Full text available on IMF
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245 1 0 |a Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union /  |c Donal McGettigan. 
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300 |a 1 online resource (48 pages) 
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500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Large current account imbalances have been recorded in the Baltics, Russia, and other countries of the former Soviet Union since their independence. Are these current account positions sustainable, reflecting the special circumstances of transition, or are the positions untenable over the longer term? This study attempts to address this important question by first describing recent current account developments in these transition economies. It subsequently focuses on a wide range of external sustainability indicators by drawing on the existing literature, and attempts to assess their potential usefulness in a transiton country context. The indicators examined include real exchange rates, fiscal revenues and expenditures, savings and investment developments, openness measures, growth projections, external debt composition, foreign exchange reserve cover, and various financial sector measures. 
538 |a Mode of access: Internet 
830 0 |a Occasional Papers; Occasional Paper ;  |v No. 2000/005 
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