An EFSD Series of Working Papers presents the Fund’s applied economic research. The working papers might cover such issues of global, regional and country economic trends; macroeconomic, fiscal and debt sustainability in the member countries; analysis of transmission mechanisms in the region; industry and infrastructure-relevant research: global financial architecture and the functioning of the Global Financial Safety Net, etc.
The EFSD Working Papers are published in Russian and English and made freely available to the public.
Reprinting of the text for non-commercial purposes, in whole or in part, including large fragments, and placing the text on external electronic resources are permitted with a link to the original text.
The conclusions and interpretation of the facts in the Working Paper do not necessarily reflect the official position of the EFSD Council of Experts, the EFSD Council, or the EFSD member states