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dc.contributor.authorSchrooten, Mechthilden_US
dc.contributor.authorLusinyan, Lusineen_US
dc.contributor.authorHeinrich, Ralph P.en_US
dc.contributor.authorBuch, Claudia M.en_US
dc.date.accessioned2009-01-28T15:00:20Z-
dc.date.available2009-01-28T15:00:20Z-
dc.date.issued2000en_US
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_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesKieler Arbeitspapiere 978en_US
dc.subject.jelF34en_US
dc.subject.jelH63en_US
dc.subject.ddc330en_US
dc.subject.keywordForeign debten_US
dc.subject.keyworddebt restructuringen_US
dc.subject.keywordRussian Federationen_US
dc.subject.stwAuslandsverschuldungen_US
dc.subject.stwAuslandsschuldendiensten_US
dc.subject.stwSteuerpolitiken_US
dc.subject.stwSchattenwirtschaften_US
dc.subject.stwUnternehmensbesteuerungen_US
dc.subject.stwKapitalfluchten_US
dc.subject.stwUmschuldungen_US
dc.subject.stwTheorieen_US
dc.titleRussia?s Debt Crisis and the Unofficial Economyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn313487901en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Kieler Arbeitspapiere, IfW
Publikationen von Forscherinnen und Forschern des IfW

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