IDEAS home Printed from https://ideas.repec.org/a/pal/compes/v44y2002i4p37-47.html
   My bibliography  Save this article

The IMF and the Ruble Zone

Author

Listed:
  • Richard Pomfret

    (Adelaide University, Adelaide, Australia)

Abstract

When the fifteen Soviet successor states joined the IMF in 1992, the most pressing monetary question was whether to retain the ruble or to issue national currencies. IMF officials have argued that the IMF's role was to present the arguments for and against alternative arrangements. This is not how policymakers in the new independent countries and other observers perceived the IMF's position. In 1992, the IMF was seen as advocating retention of the ruble zone, although its position changed and in 1993 it supported introduction of new national currencies. This paper analyses why the IMF adopted a position, and discusses some of the consequences. Comparative Economic Studies (2002) 44, 37–47; doi:10.1057/ces.2002.17

Suggested Citation

  • Richard Pomfret, 2002. "The IMF and the Ruble Zone," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 44(4), pages 37-47, December.
    • Handle: RePEc:pal:compes:v:44:y:2002:i:4:p:37-47
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/ces/journal/v44/n4/pdf/ces200217a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/ces/journal/v44/n4/full/ces200217a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Philip R. Lane, 2003. "The International Community and the CIS-7," Trinity Economics Papers 20033, Trinity College Dublin, Department of Economics.
    2. Richard Pomfret, 2006. "Coordinating Aid for Regional Cooperation Projects: The Experience of Central Asia," The Institute for International Integration Studies Discussion Paper Series iiisdp163, IIIS.
    3. Richard Pomfret, 2017. "Currency Union and Disunion in Europe and the Former Soviet Union," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(4), pages 43-47, January.
    4. Richard Pomfret, 2017. "Currency Union and Disunion in Europe and the Former Soviet Union," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(04), pages 43-47, January.
    5. Richard Pomfret, 2003. "Formation and Dissolution of Monetary Unions: Evidence from Europe, and Lessons for Elsewhere," School of Economics and Public Policy Working Papers 2003-03, University of Adelaide, School of Economics and Public Policy.
    6. Raj Yadav, 2016. "Economic Transformation in Central Asia: A Journey of Twenty-five Years," International Studies, , vol. 53(3-4), pages 286-304, July.
    7. Richard Pomfret, 2021. "Central Asian Economies: Thirty Years After Dissolution of the Soviet Union," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(4), pages 537-556, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:compes:v:44:y:2002:i:4:p:37-47. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.