Product Description: Russia and many other transition countries are now facing the challenges of opening up, restructuring, and modernizing their economies, which requires addressing numerous institutional weaknesses and supply-side distortions. From a regional perspective, drawing on the experience of other reforming countries, the papers examine these issues...read more

Product Description: This paper is a preliminary review of the design of and early experience with IMF—supported programs in Indonesia, Korea, and Thailand during 1997–98. The review takes into account developments as of October 1998, and was the basis for a discussion of the programs by the IMF’s Executive Board in December 1998...read more (view table of contents, read Amazon.com's description)

Product Description: The 12 papers in this book explore issues in building a financial structure suitable for economies in transition. They cover four main topics: the problem of old and new debts; the development of a sound and efficient payment system; the establishment of an appropriate financial structure; and the importance of credit in the development of the real economy...read more