The Russian Public Debt and Financial Meltdowns

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Overview

This book examines history of Russian finances in the period of Russia's transition from communism to capitalism in the 1990s and in the current decade. It focuses on obstacles to market reforms and macroeconomic policy choices that resulted in the state debt expansion and the financial crisis of 1998.

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Overview

This book examines history of Russian finances in the period of Russia's transition from communism to capitalism in the 1990s and in the current decade. It focuses on obstacles to market reforms and macroeconomic policy choices that resulted in the state debt expansion and the financial crisis of 1998.

Product Details

  • ISBN-13: 9780230248939
  • Publisher: Palgrave Macmillan
  • Publication date: 8/17/2010
  • Pages: 272
  • Product dimensions: 5.30 (w) x 8.60 (h) x 0.80 (d)

Meet the Author

ANDREY VAVILOV joined the Russian Ministry of Finance in 1992 and resigned in 1997 as a First Deputy Minister of Finance. He currently serves as a member of the Council of Russian Federation and as a Visiting Senior Scholar in Penn State University and a scientific advisor to the Institute for Financial Studies.

Table of Contents

Acknowledgements Introduction External Debt Crisis of the 1990s Domestic Financial System and Inflation Virtual Economy and Fiscal Crisis The Risks of Domestic Debt Expansion The Causes of Russian Financial Crisis of 1998
The Debt Crisis and Default Recovery After the Crisis Yet Another Crisis (2008-2009)
References

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