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Russia and the IMF: Coming to Terms (CRS Report for Congress)

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Release Date March 25, 1994
Report Number 94-284
Report Type Report
Authors Patricia A. Wertman, Economics Division
Source Agency Congressional Research Service
Summary:

This report examines the IMF's purposes, how it goes about achieving them, and most particularly, how it has gone about fulfilling its mandate with regard to Russian economic reform. The analysis finds that only during the first quarter of 1992, when Russia was not an IMF member, did Russia successfully implement macroeconomic stabilization policies. Since then, its macroeconomic policies have see-sawed, and Russia has been troubled by high rates of inflation.