Market without economy : the 1998 Russian financial crisis /

The 1998 financial crisis in Russia was one of the most dramatic economic breakdowns and symbolized the failure of the transition process as it had been conducted since the end of the Soviet Union. There is no general agreement on the nature of the rouble collapse; a number of contradictory interpre...

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Bibliographic Details
Main Author: Melloni, Nicola
Format: Electronic eBook
Language:English
Published: Stuttgart : Ibidem-Verlag, 2006.
Series:Soviet and post-Soviet politics and society ; 40.
Subjects:
Online Access:CONNECT

MARC

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245 1 0 |a Market without economy :  |b the 1998 Russian financial crisis /  |c Nicola Melloni ; with a foreword by Eiji Furukawa. 
264 1 |a Stuttgart :  |b Ibidem-Verlag,  |c 2006. 
300 |a 1 online resource (145 pages) :  |b illustrations 
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490 1 |a Soviet and post-soviet politics and society,  |x 1614-3515 ;  |v 40 
504 |a Includes bibliographical references (pages 135-145). 
588 0 |a Print version record. 
505 0 |a List of Tables; List of Figures; Acknowledgements; Foreword; Introduction; I The Russian Stabilisation Programme; I.1 Initial Considerations; I.2 The Case of Russia; I.3 Macroeconomic Aspects; Monetary Policy; Fiscal Policy; I.4 The Microeconomics of Stabilisation; I.5 Conclusions; II Russian Default and Financial Crisis Theory; II. 1 Theoretical Background; First Generation Model; Second Generation Model; Third Generation Model; The Contagion Effect; II. 2 The Russian Financial Crisis; Literature Review; Setting the Stage: What Was Happening in 1998; The Crisis Itself. 
505 8 |a II. 3 ConclusionIII The Aftermath of the Crisis; III. 1 Introduction; III. 2 Growth and Inflation; III. 3 Microeconomic Effects of the Crisis; III. 4 Public Finances; III. 5 Final Considerations; Conclusions; Appendix; Bibliography. 
520 |a The 1998 financial crisis in Russia was one of the most dramatic economic breakdowns and symbolized the failure of the transition process as it had been conducted since the end of the Soviet Union. There is no general agreement on the nature of the rouble collapse; a number of contradictory interpretations have been discussed among economists. This book argues that the Russian 1998 financial turmoil is best predicted by Krugman's and Sargent-Wallace's models. The currency collapse had its origins in the peculiar way in which the transition was managed. In particular, the Russian government bec. 
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830 0 |a Soviet and post-Soviet politics and society ;  |v 40.  |x 1614-3515 
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