Give Growth and Macroeconomic Stability in Russia a Chance : Harden Budgets by Eliminating Nonpayments

The authors analyze the links between Russias disappointing growth performance in the second half of the 1990s, its costly and unsuccessful stabilization, the macroeconomic meltdown of 1998, and the spectacular rise of non-payments. Non-payments fl...

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Bibliographic Details
Main Authors: Pinto, Brian, Drebentsov, Vladimir, Morozov, Alexander
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2000/04/693414/give-growth-macroeconomic-stability-russia-chance-harden-budgets-eliminating-nonpayments
http://hdl.handle.net/10986/22208

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