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The evolution of the external debt and balance of payments of eastern europe and the USSR since 1970

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  • Richard Allen

Abstract

This paper traces balance-of-payments developments in eastern Europe and the USSR over the last decade and examines their potential for adjustment. The growth of external debt and the balance of payments deficit, possible reasons for the area's poor trade performance and the factors which may affect the ability of these countries to secure adjustment are discussed.

Suggested Citation

  • Richard Allen, 1982. "The evolution of the external debt and balance of payments of eastern europe and the USSR since 1970," BIS Working Papers 7, Bank for International Settlements.
    • Handle: RePEc:bis:biswps:7
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    Cited by:

    1. Cochran, Nancy J., 1989. "Agricultural Statistics of Eastern Europe and the Soviet Union, 1965-85," Statistical Bulletin 154680, United States Department of Agriculture, Economic Research Service.

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