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Capital Inflows in the Baltic Countries, Russia, and Other Countries of the Former Soviet Union: Monetary and Prudential Issues

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  • Mr. Alain Ize

Abstract

Significant capital inflows were observed during the first half of 1995 in a number of FSU countries. This paper reviews the recent experience of those countries with significant inflows, examines policy responses in view of the current macroeconomic and institutional environment, discusses the use of monetary and prudential instruments to sterilize or discourage inflows, and reviews operational considerations for conducting sterilization operations.

Suggested Citation

  • Mr. Alain Ize, 1996. "Capital Inflows in the Baltic Countries, Russia, and Other Countries of the Former Soviet Union: Monetary and Prudential Issues," IMF Working Papers 1996/022, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:1996/022
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=2003
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    Cited by:

    1. Buch, Claudia M., 1996. "Russian monetary policy: Assessing the track record," Kiel Working Papers 786, Kiel Institute for the World Economy (IfW Kiel).

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