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Central Bank Reforms in the Baltics, Russia, and the Other Countries of the Former Soviet Union

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  • Mr. Malcolm D. Knight

Abstract

Since 1991, the 15 countries under review - have to varying degrees, been pursuing reforms whose broad objectives have been to achieve market-based determination of interest rates and exchange rates, manage banking system liquidity through market operations with indirect instruments, and provide the institutional underpinnings for the design and implementation of macroeconomic stabilization and structural reform programs supported by the IMF. This study reviews the experience under these programs and the economic developments in the countries that undertook them.

Suggested Citation

  • Mr. Malcolm D. Knight, 1998. "Central Bank Reforms in the Baltics, Russia, and the Other Countries of the Former Soviet Union," IMF Occasional Papers 1998/002, International Monetary Fund.
    • Handle: RePEc:imf:imfops:1998/002
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    Cited by:

    1. Jacques Fontanel, 2000. "La Formation de l’Etat, son évolution et son utilité systémique," Post-Print hal-02557800, HAL.
    2. Raj Yadav, 2016. "Economic Transformation in Central Asia: A Journey of Twenty-five Years," International Studies, , vol. 53(3-4), pages 286-304, July.
    3. Jacques Fontanel, 2002. "Le rôle de l'Etat dans l'économie russe. Du passé au présent, pour quel futur ?," Working Papers hal-02385486, HAL.

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