EU2AI Economic Subject Files

137102

1990-1999

series

32.5 linear feet of textual records

English

Interstate payment problems, Monetary policy, Ruble area, Payments arrangements, New currency units, Credit ceilings, Exchange rate policy, Impact of political conflicts on economic performance, Compensatory and Contingency Financing Facility, Enhanced Structural Adjustment Facility, Stand-By Arrangements, Extended arrangements, Resident Representatives, Technical assistance, World Economic Outlook, Military expenditures, Social safety nets, Reform Strategy, Payments Union, Environmental issues, Centrally planned economies, Balance of payments, External debt, Stabilization measures, New Independent States, Transition to Market Economy, Bank / Fund Collaboration, Privatization, External financing, Financial crisis monitoring

Richard Erb, Alexander Shokhin, Viktor Gerashchenko, Vladimir Mashits, Sergei K. Dubinin, Konstantin Kagalovskiy, Boris Nikolayevich Yeltsin, Jean-Claude Trichet, Lewis Preston, R. Martin Lees, Nicholas Stern, Jacques de Larosière, Viktor Chernomyrdin, Jeffrey Sachs, Interstate Bank (ISB), Russian Federation's State Commitee on Economic Cooperation with CIS' Member States, Group of Seven, European Commission, OECD, BIS, Centre for European Policy Studies (CEPS), Berne Union, Group of Ten, Paris Club, International Labour Organisation, Group of Twenty-Four, Centre for Co-Operation with European Economies in Transition, General Agreement on Tariffs and Trade, United Nations, World Bank, International Committee for Economic Reform and Cooperation, Development Assistance Committee, Working Party 3, European Bank for Reconstruction and Development, Economic Commission for Europe

Series is open according to the Policy on Access to the Fund's Archives. Files will be screened by reference staff for any time restrictions

First accrual of series (boxes 1-3) consists of files dealing with general aspects of the economic work conducted by the European Department 2 staff, related to the so-called ruble area (the countries from the Former Soviet Union that initially shared a common currency and their mostly unsuccessful attempts to handle interstate economic relations). Documents consist mostly of draft papers sent to and from the European Department 2 (EU2) Immediate Office for information, review or contributions. There are also memoranda exchanged with other departments and between the Front Office, Resident Representatives and EU2 Divisions as well as papers prepared in EU2. Adressees include the Managing Director, Deputy Managing Director, Director of EU2, Deputy Directors, Resident Representatives, Division Chiefs, Directors from other Departments and members of the Working Group on Interstate Economic Relations. The documents consist mainly of Office Memorandums, with Briefing Papers for Missions, Back-to-Office Reports, Statements by the MD and professional papers also represented. The main subjects covered are Coordination of Monetary Policy, Interstate Payments and Financing Arrangements, the creation and failed implementation of an Interstate Bank (ISB), Fund Arrangements in the Ruble Area, Workability of a new ruble area, Discussion on Fund’s Involvement and lessons learned from other currency zones (CFA Franc Arrangements). Second accrual (boxes 4-65) covers a larger period (1991-1999) and reflects the cooperation of the IMF with a wide range of International Organizations (OECD, EBRD and the UN System play a major role, together with the BIS and the Berne Union) that try to foster the transition of the New Independent States to a Market Economy. The main additional subjects covered are Impact of Conflict on Economic Performance, Resident Representatives, Technical Assistance, Military Expenditure, Social Safety Nets, Reform Strategy, New Currencies, Environmental Issues, Balance of Payments, External Debt and Financing, Stabilization Measures, Bank/Fund Collaboration, Privatization, Exchange Rate Policy and Financial Crisis Monitoring. The facilities used by the Fund in its efforts to stabilize and improve the Former Soviet Union economies are more diversified and include Stand-By Arrangements, Extended Arrangements, Compensatory and Contingency Financing Facility and Enhanced Structural Adjustment Facility.