Non-payments in the Russian Economy and in Regions
Publication date
Sunday, 03.06.2001
Authors
A. Zolotoreva, L. Lederman, O. Lugovoi, R. Entov
Series
CEPRA
Many East European and former Soviet Union economies in the process of transition to the market economy encountered the problem of enterprise insolvency and a massive growth of inter-enterprise payment arrears. However, while a number of countries could settle the problem of payment arrears, diminish amounts and check the growth of outstanding debts, in Russia this problem persists.
Contents
SECTION 1. SYSTEM OF THEORETICAL MODELS
SECTION 2. THE PROBLEM OF PAYMENT ARREARS IN THE RUSSIAN ECONOMY: LEGAL ASPECTS
SECTION 3. A REVIEW ON CANADIAN PAYMENT SYSTEM AND CONTRACT ENFORCEMENT
SECTION 4. EMPIRICAL TESTING OF HYPOTHESES, CONSTRUCTION OF ECONOMETRIC MODELS
Annex 1. Dynamics of Overdue Indebtedness
ISBN 5-93255-039-2
The research and the publication were undertaken in the framework of CEPRA (Consortium for Economic Policy, Research and Advice) project funded by the Canadian Agency for International Development (CIDA).
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