Russian Federation: Selected Issues

September 30, 2004

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Format: Chicago

Russian Federation: Selected Issues, (USA: International Monetary Fund, 2004) accessed November 15, 2024

Summary

This Selected Issues paper for the Russian Federation reviews trends in private capital flows to Russia by decomposing the flows into its subcomponents. Russia became a net lender to the international banking system, as a complement to the prolonged period of large current account surpluses. The nonbank corporate sector in Russia began to have better access to both bank and nonbank sources of external finance, with improving investor perceptions and a favorable external environment. The relatively lackluster performance of equity issuances and foreign direct investment has been an outcome of both global and local factors.

Subject: Financial institutions, Money, Prices

Keywords: Broad money growth, Carry trade, Commercial banks, CR, Demand for money, Demand function, Europe, Foreign banks, Global, Inflation, ISCR, Monetary base, North America, Position vis-à-vis banking sector, Position vis-à-vis nonbank sector, Ruble broad money, Russia, Tax, Vis-à-vis Russia

Publication Details

Pages:

91
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/316
Stock No:

1RUSEA0052004
ISBN:

9781451833119
ISSN:

1934-7685

Notes

Also available online in Russian

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