Books

Russia Rebounds

By David Robinson, David Edwin Wynn Owen

September 9, 2003

Preview Citation

Format: Chicago

David Robinson, and David Edwin Wynn Owen. Russia Rebounds, (USA: International Monetary Fund, 2003) accessed November 21, 2024

Summary

Russia Rebounds analyzes Russia’s dramatic economic recovery since the country’s 1998 financial crisis, emphasizing macroeconomic issues and fiscal and banking sector reforms. The crisis was a massive shock to the system and a considerable surprise to both Russians and foreign investors, who a year before had come to think that the worst of the transition from a centrally planned to a market economy was over. Macroeconomic performance since the crisis has been impressive. The book assesses the contribution of various factors underlying this recovery and highlights key policy challenges to ensure its sustainability.

Subject: Banking, Commercial banks, Correspondent banking, Expenditure, Financial institutions, Financial services, Inflation, Oil prices, Prices

Keywords: Asia and Pacific, Bank, BOOK, Central and Eastern Europe, Commercial banks, Correspondent banking, Debt, Debt-service operation, Eastern Europe, Enterprise, Enterprise sector, Expenditure priority, Foreign currency, Global, Government, Government function, Government resolution, Inflation, Insolvent enterprise, Monetary policy, Natural monopoly, Oil prices, Paris Paris Club deals for official creditors and, Road tax, Russia, Stabilization fund, Western Europe

Publication Details

  • Pages:

    189

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    Books

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    RRBEA

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