Template-Type: ReDIF-Paper 1.0
Author-Name:Alexei Kudrin 
Author-Name-First: Alexei 
Author-Name-Last: Kudrin 
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title:  Russia and the Global Financial Crisis
Abstract: The present financial crisis is a further link in the chain of crises widely described in economics literature. As recently as in the 1990s the global economy was affected by a number of crises which had an impact on several whole groups of countries. In 1992-1993 several countries of the European Union (United Kingdom, Italy, Sweden, Norway and Finland) suffered currency crises. In 1994-1995 a severe crisis which had started in Mexico expanded to other countries in Latin America. In 1997-1998 a global financial crisis began in the countries of Southeast Asia (Korea, Malaysia, Thailand, Indonesia, Philippines), and then spread to Eastern Europe (Russia and several countries of the former USSR) and Latin America (Brazil).
Length:  22 pages
Creation-Date: 2013
Revision-Date:   2013
Classification-JEL: F5, F6
Keywords: financial crisis, Russian economy.
File-URL: https://www.iep.ru/files/RePEc/gai/wpaper/0081Kudrin.pdf
File-Format: Application/pdf
File-Function: Revised version, 2013
Handle: RePEc:gai:wpaper:0081