Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/17916 
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dc.contributor.authorSchrooten, Mechthilden
dc.contributor.authorLusinyan, Lusineen
dc.contributor.authorHeinrich, Ralph P.en
dc.contributor.authorBuch, Claudia M.en
dc.date.accessioned2009-01-28T15:00:20Z-
dc.date.available2009-01-28T15:00:20Z-
dc.date.issued2000-
dc.identifier.urihttp://hdl.handle.net/10419/17916-
dc.description.abstractRussia's foreign debt problems worsened substantially after the financial crisis of 1998. The paper focuses on the key role of the government in servicing foreign debt and promoting institution building by showing how foreign debt influences the choice between official and unofficial taxation. The enterprise sector is assumed to reallocate its resources between domestic investment and capital flight. It is discussed under which conditions debt rescheduling may create incentives for the government to promote institution building. The results of this paper shed light on the conditions under which the recent agreement with the London Club to write off substantial amounts of former Soviet debt can be successful.en
dc.language.isoengen
dc.publisher|aKiel Institute of World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x978en
dc.subject.jelF34en
dc.subject.jelH63en
dc.subject.ddc330en
dc.subject.keywordForeign debten
dc.subject.keyworddebt restructuringen
dc.subject.keywordRussian Federationen
dc.subject.stwAuslandsverschuldungen
dc.subject.stwAuslandsschuldendiensten
dc.subject.stwSteuerpolitiken
dc.subject.stwSchattenwirtschaften
dc.subject.stwUnternehmensbesteuerungen
dc.subject.stwKapitalfluchten
dc.subject.stwUmschuldungen
dc.subject.stwTheorieen
dc.titleRussia's Debt Crisis and the Unofficial Economy-
dc.typeWorking Paperen
dc.identifier.ppn859872068en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:978en
dc.identifier.printppn313487901en

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