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Reforming a nation: implications of IMF conditionality on Russia

Approved for public release, distribution is unlimited / Since the end of the cold war and the transition from a centrally-planned to market-oriented economic system, the Russian economy has undergone a staggering and incomplete economic transformation. International financial and technical assistance played a significant role in the evolution of the Russian economy. As the International Monetary Fund (IMF) took a central role in the Russian transition process through the provision of technical and, more importantly, financial assistance, it was able to attach significant conditions to the use of its funds. These conditions ranged from the reform of markets, government revenues and expenditures, to the role of the public sector in the emerging market economy. An unanswered and increasingly important question is whether IMF conditionality has promoted or hindered economic reform and more importantly economic performance. This thesis argues that IMF conditionality combined with mistakes by the Russian government created the 1998 financial crisis. / Lieutenant, United States Navy

Identiferoai:union.ndltd.org:nps.edu/oai:calhoun.nps.edu:10945/956
Date06 1900
CreatorsLieberman, Kenneth R.
ContributorsMcNab, Robert, Guttieri, Karen, Looney, Robert, Department of National Security Affairs
PublisherMonterey, California. Naval Postgraduate School
Source SetsNaval Postgraduate School
Detected LanguageEnglish
TypeThesis
Formatxiv, 69 p. : ill., application/pdf
RightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. As such, it is in the public domain, and under the provisions of Title 17, United States Code, Section 105, may not be copyrighted.

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