The Failure of the IMF in Preventing Currency Crises in CIS Countries

Antczak, Rafał; Markiewicz, M; Radziwiłł, Artur

doi:10.1007/978-1-4615-0343-9_8

Cited by 5 publications

(3 citation statements)

References 4 publications

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“…Besides, this increased the chances that the EU policy blueprint was actually the right choice to follow in these countries and in the period when it was applied. This may not always be the case and indeed there are examples where external policy advice underpinned by conditionality mechanisms might have locked in suboptimal policy choices (Antczak et al, 2003).…”

Section: External Anchors Supporting Reformsmentioning

confidence: 99%

European Neighbourhood Policy and Economic Reforms in the Eastern Neighbourhood

Paczynski

2009

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in CASE Network Studies & Analyses No. 382-European Neighbourhood Policy and economic…The CASE Network is a group of economic and social research centers in Poland, Kyrgyzstan, Ukraine, Georgia, Moldova, and Belarus. Organizations in the network regularly conduct joint research and advisory projects. The research covers a wide spectrum of economic and social issues, including economic effects of the European integration process, economic relations between the EU and CIS, monetary policy and euro-accession, innovation and competitiveness, and labour markets and social policy. The network aims to increase the range and quality of economic research and information available to policymakers and civil society, and takes an active role in on-going debates on how to meet the economic challenges facing the EU, post-transition countries and the global economy.

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Section: External Anchors Supporting Reformsmentioning

confidence: 99%

European Neighbourhood Policy and Economic Reforms in the Eastern Neighbourhood

Paczynski

2009

SSRN Journal

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“…(2) Lax conditionality undermined macroeconomic discipline, while (3) improved access to non-inflationary sources of deficit financing was a source of accumulation of arrears and debt. Finally, (4) ineffective conditionality in the area of structural reforms stimulated only 'paper reforms' and not real restructuring of the economy (see Antczak, Markiewicz, and Radziwill, 2003).…”

Section: The Role Of the Imfmentioning

confidence: 99%

“…Even worse, between 1995 and 1998, the soft and inconsistent conditionality of IMF programs contributed to the building up of an illusion of macroeconomic stability, which in fact was very fragile and unsustainable, i.e. misleading, in some way, Russian policymakers and financial market players (see Gianini et al, 2002;Antczak, Markiewicz and Radziwill, 2003).…”

Section: The Role Of International Organizationsmentioning

confidence: 99%

Russia: Political and Institutional Determinants of Economic Reforms

Dąbrowski¹,

Mau²,

Yanovskiy³

et al. 2006

Understanding Market Reforms

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State policy of cooperation between countries and global institutions: condition and prospects

et al. 2023

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The aim of the work is to analyse the state policy of Ukraine's cooperation with global institutions and, on its basis, to determine the prospects and directions of such cooperation. Methods of grouping, modelling and forecasting, methods of theorizing and historical formalization, as well as methods of system analysis, sampling and description were used to substantiate the prospects and directions of Ukraine's cooperation with global institutions. The study identifies the conceptual principles, areas of relationship and cooperation of Ukraine with international organizations, the problems of relations of domestic state institutions with global organizational structures in modern conditions. The priority goals and measures of the state policy of Ukraine's cooperation with global institutions, the directions of mechanisms of cooperation with international intergovernmental and non-governmental organizations in order to achieve the strategic goals of the state development are outlined.

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The Failure of the IMF in Preventing Currency Crises in CIS Countries

Cited by 5 publications

References 4 publications

European Neighbourhood Policy and Economic Reforms in the Eastern Neighbourhood

European Neighbourhood Policy and Economic Reforms in the Eastern Neighbourhood

Russia: Political and Institutional Determinants of Economic Reforms

State policy of cooperation between countries and global institutions: condition and prospects

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