Working papers

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 EFSD Working Papers do not represent the official position of the Fund or its member states.

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23 October 2019

EFSD Working paper №1 «The Eurasian Fund for Stabilization and Development: A Regional Financing Arrangement and Its Place in the Global Financial Safety Net»
Over the decade after the 2008-2009 crisis, the Global Financial Safety Net (GFSN) and in particular its regional components have acquired increasing importance. The Eurasian Fund for Stabilization and Development (EFSD) is a key element of the GFSN in the respective region. The objective of the first working paper is to bridge the gap in understanding the dynamics of EFSD development and its place in the Global Financial Safety Net (GFSN) and the region’s financial architecture.

EFSD Working paper №1 «The Eurasian Fund for Stabilization and Development: A Regional Financing Arrangement and Its Place in the Global Financial Safety Net»

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