Description |
1 online resource (49 pages) : illustrations |
Series |
IMF working paper ; WP/01/101 |
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IMF working paper ; WP/01/101.
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Summary |
This paper summarizes the IMF advice on the ruble area as it was presented to the national authorities in Russia, the Baltic countries, and other states of the former Soviet Union in 1991-93. In the course of doing so, the paper corrects some misperceptions that have arisen about the IMF's role. The evidence presented in the paper suggests that (i) the balance of arguments on the ruble area (and national currencies) changed over time, and hence so did the IMF's advice, and (ii) from the beginning, the IMF staff concentrated on pointing out the pros and cons of alternative monetary arrangements, without strongly advocating a particular one, emphasizing that it was the authorities' decision to stay in or leave the ruble area. Fund advice on how to introduce national currencies was made readily available to the various national authorities as early as January 1992 |
Bibliography |
Includes bibliographical references (pages 26-28) |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
International Monetary Fund -- Former Soviet republics
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SUBJECT |
International Monetary Fund fast |
Subject |
Currency question -- Former Soviet republics
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Monetary policy -- Former Soviet republics
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Currency question
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Monetary policy
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Soviet Union -- Former Soviet republics
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Form |
Electronic book
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Author |
Pastor, Gonzalo C. (Gonzalo Carlos), 1957-
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International Monetary Fund. European II Department.
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ISBN |
1451898142 |
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9781451898149 |
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128160285X |
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9781281602855 |
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1462395341 |
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9781462395347 |
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1452778493 |
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9781452778495 |
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9786613783547 |
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6613783544 |
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9781451852516 |
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1451852517 |
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