03302nam 2200577 450 991049370280332120210208211006.03-8382-5407-4(CKB)2670000000547952(EBL)3029479(SSID)ssj0001471116(PQKBManifestationID)11809316(PQKBTitleCode)TC0001471116(PQKBWorkID)11433646(PQKB)10958430(MiAaPQ)EBC5781941(EXLCZ)99267000000054795220150210h20142014 uy 0engur|n|---|||||txtccrMarket without economy the 1998 Russian financial crisis /Nicola Melloni ; with a foreword by Eiji FurukawaStuttgart, Germany :Ibidem-Verlag,2014.©20141 online resource (156 p.)Soviet and Post-Soviet Politics and Society,1614-3515Description based upon print version of record.3-89821-407-9 Includes bibliographical references.""Contents""; ""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""; ""II.3 Conclusion""; ""III 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""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 becSoviet and post-Soviet politics and society.Financial crisesRussia (Federation)Banks and bankingRussia (Federation)Russia (Federation)Economic policy1991-Electronic books.Financial crisesBanks and banking330.947Melloni Nicola1028795Furukawa EijiMiAaPQMiAaPQMiAaPQBOOK9910493702803321Market without economy2444927UNINA