Policy Memos

Will the West Reduce Russia's Debt?

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Having successfully rescheduled its debt to foreign commercial banks through the London Club last fall and obtained a reduction of principal and interest rates, Russia now turns to the Paris Club of government creditors. What are the prospects for a similar agreement in the next year? How should we understand the politics of international debt? [...]

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About the author

Professor, Director of the Skalny Center for Polish and Central European Studies, Director of the Peter D. Watson Center for Conflict and Cooperation, Department of Political Science
University of Rochester