01957cas a2200253 a 4500 AALejournalIMF007949 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451852516 1018-5941 BD-DhAAL BD-DhAAL Odling-Smee, John. The Imf and the Ruble Area, 1991-1993 / John Odling-Smee, Gonzalo Pastor Campos. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (50 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper summarizes the IMF advice on the ruble area as it was presented to the national authorities in Russia, the Baltic countries, and other states of the former Soviet Union in 1991-93. In the course of doing so, the paper corrects some misperceptions that have arisen about the IMF's role. The evidence presented in the paper suggests that (i) the balance of arguments on the ruble area (and national currencies) changed over time, and hence so did the IMF's advice, and (ii) from the beginning, the IMF staff concentrated on pointing out the pros and cons of alternative monetary arrangements, without strongly advocating a particular one, emphasizing that it was the authorities' decision to stay in or leave the ruble area. Fund advice on how to introduce national currencies was made readily available to the various national authorities as early as January 1992. Mode of access: Internet Pastor Campos, Gonzalo. IMF Working Papers; Working Paper ; No. 2001/101 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/101/001.2001.issue-101-en.xml IMF e-Library