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Russian Federation: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper for the Russian Federation reviews trends in private capital flows to Russia by decomposing the flows into its subcomponents. Russia became a net lender to the international banking system, as a complement to the prolonged period of large current account surpluses. The nonbank corporate sector in Russia began to have better access to both bank and nonbank sources of external finance, with improving investor perceptions and a favorable external environment. The relatively lackluster performance of equity issuances and foreign direct investment has been an outcome of both global and local factors.

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  • International Monetary Fund, 2004. "Russian Federation: Selected Issues," IMF Staff Country Reports 2004/316, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2004/316
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17766
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    6. Olivier Blanchard & Roberto Perotti, 2002. "An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1329-1368.
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    Cited by:

    1. Tatiana PETROVA & Corina GRIBINCEA, 2019. "Analysis And Management Of Macroeconomic Risks Of The Republic Of Moldova," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 4(2), pages 42-51.
    2. Kalyuzhnova, Yelena & Nygaard, Christian, 2009. "Resource nationalism and credit growth in FSU countries," Energy Policy, Elsevier, vol. 37(11), pages 4700-4710, November.
    3. Camara, Modibo K. & Montes-Negret, Fernando, 2006. "Deposit insurance and banking reform in Russia," Policy Research Working Paper Series 4056, The World Bank.

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