Template-type: ReDIF-Paper 1.0
Author-Name: Jorge Martinez-Vazquez 
Author-Email: jorgemartinez@gsu.edu 
Author-Homepage: https://icepp.gsu.edu/profile/jorge-martinez-vazquez/
Author-Workplace-Name:  International Studies Program. Andrew Young School of Policy Studies, Georgia State University
Author-Workplace-Homepage:  https://icepp.gsu.edu/
Author-Name: Felix Rioja
Author-Email:prcfkr@langate.gsu.edu
Author-Homepage:http://aysps.gsu.edu/RiojaF.html
Author-Workplace-Name:  International Studies Program. Andrew Young School of Policy Studies, Georgia State University
Author-Workplace-Homepage:  https://icepp.gsu.edu/
Author-Name: Samuel Skogstad 
Author-Email:
Author-Homepage:
Author-Workplace-Name:  International Studies Program. Andrew Young School of Policy Studies, Georgia State University
Author-Workplace-Homepage:  https://icepp.gsu.edu/
Author-Name: Neven Valev 
Author-Email: nvalev@gsu.edu
Author-Homepage: http://aysps.gsu.edu/ValevN.html
Author-Workplace-Name:  International Studies Program. Andrew Young School of Policy Studies, Georgia State University
Author-Workplace-Homepage:  https://icepp.gsu.edu/
Title:  IMF Conditionality and Objections: The Russian Case 
Abstract: Emerging economies in crisis typically request assistance from the International 
 Monetary Fund (IMF). After evaluating the situation, the IMF makes a loan available to the 
 country conditional on certain policy reforms. Governments usually resist many of 
 these measures and negotiation ensues. This paper analyzes the most contentious measures 
 of IMF conditionality in the context of Russia after the August 1998 crisis. 
 The most discussed measures include the budget deficit, structural reforms, 
 and exchange rate policy. Our analysis suggests that to some extent the disagreement 
 arose because the IMF is focused on changing steady states somewhat ignoring the transition path,
 while the Russian government is preoccupied with transitional dynamics without 
 a clearly defined steady state concept. 
Keywords: IMF, Russia 
Length: 23 pages
Creation-Date: 2000-06-01
File-URL:http://icepp.gsu.edu/files/2015/03/ispwp0003.pdf
File-Format:Application/PDF
Handle: RePEc:ays:ispwps:paper0003