Russia's Transition: International Help Or Meddling?
This book discusses and dissects the strategies of international institutions and donors to assist it in its economic and political transition to a market economy. Considerable detail is provided on the activities of the International Monetary Fund (IMF), the European Bank for Reconstruction, the World Bank, and the European Union in Russia. The book is based on a GAO Report that has been excerpted and augmented by explanatory commentary. A full subject index is provided.
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Donors Have Adopted Different Strategies and Means for Providing Assistance
Institutions and Donors Have Had Limited Success in Meeting Their Objectives
Conclusions and Lessons Learned
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1998 financial crisis According to World adjustment loans areas assistance efforts assistance programs assistance strategy assistance to Russia Bank for Reconstruction Bank of Russia Bank's banking sector billion budget deficit capital flight Central Bank commitment coordination debt democracy disbursed EBRD EBRD's economic reform example exchange rate Figure fiscal focus focused foreign former Soviet Union Freedom Support Act goals government's IMF program IMF's impact implementation inflation initial institutions and donors international community International Monetary Fund lessons learned limited loans-for-shares macroeconomic macroeconomic stabilization market economy market reform objectives overall percent political private sector programs in Russia projects in Russia promoting market Reconstruction and Development regions restructuring ruble Russia's economic transition Russia's transition Russian Federation Russian government Russian officials strategy for Russia structural reforms success TACIS program targets technical assistance U.S. assistance U.S. dollars U.S. officials U.S. program USAID voucher privatization World Bank officials Yeltsin