Gorodnichenko, Yuriy; Mendoza, Enrique G.; Tesar, Linda L. - 2009
by the dollar price
of crude oil on the world market and then converted to rubles using the official ruble … given the world price of oil. During the oil crises of the 1970s, the oil-
for-manufactures structure of trade provided … world were produced in Finland.
With the collapse of the Soviet Union, the shipyards were in deep trouble. Policymakers and …