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

Bad Luck, Bad Policies, or Bad Advice?

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 debt burden. First, the initial years of transition READ MORE...

Publication date: May 2004
ISBN 9781451851687
$15.00

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