Comparative Economic Studies         Past Issues

A Political Decision
Yegor Gaidar - Director, Institute for Economy in Transition
Moscow

The paper by John Odling-Smee and Gonsalo Paster (2002) has provided new insights on the political dimensions of the IMF's stand on the ruble zone.  These political issues are discussed in the general context of the early reforms in the former Soviet states and more specifically they are discuessed in the context of the available options regarding maintenance or dismantling of the ruble area.

JEL Classification Numbers:  E52, F33, F42, P24

Keywords:  Monetary policy, ruble area, national currencies