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III. Balance of Payments Developments

III. Balance of Payments Developments »

Source: The Russian Federation in Transition : External Developments

Series: Occasional Papers

Author(s): Benedicte Christensen


Publication Date: 15 December 1994

ISBN: 9781557753717

Keywords: balance of payments, external debt, world market, terms of trade, debt-service obligations

External developments in recent years can be illustrated by the net savings balance with regard to the rest of the world (Table 1). The balance on goods and nonfactor services reflects, by definition, the di...