External Borrowing by the Baltics, Russia and Other Countries of the Former Soviet Union : Developments and Policy Issues

Developments and Policy Issues

External Borrowing by the Baltics, Russia and Other Countries of the Former Soviet Union : Developments and Policy Issues
Many countries among the Baltics, Russia and other CIS states are increasingly borrowing on international capital markets, a development that generally reflects their success in achieving financial stabilization. In view of the low level of domestic saving and large capital requirements, recourse to foreign borrowing may of course generate... READ MORE...

Publication date: June 1997
ISBN 9781451849301
$15.00

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