the World Bank in response to the global economic crisis of 2008-2009. Given trends in the imposition of new crisis …

Russia had more-or-less completed the privatization of its manufacturing and natural resource sectors by the end of …, lowered real interest rates, and spurred investment. Instead, Russia suffered a massive public debt-exchange rate … interaction among Russia's deteriorating fiscal fundamentals, its weak micro-foundations of growth and financial globalization …

transactions take place. The authors find that globalization via the diversification channel expanded throughout the world during …

of asymmetries in world asset demand and supply. Absent changes in the deep determinants of these, global imbalances can …

, such as Malawi, Russia, Argentina, Turkey and China focus on products that have significant impacts on trade flows. The … as US$43 billion during the crisis period, it explains less than 2 percent of the collapse in world trade …

Russia entered the global crisis with strong fiscal position, low public debt, and large fiscal and monetary reserves … massive impact of the global crisis in late 2008 and 2009 have dramatically altered Russia's medium-term and long …-term economic and fiscal outlook. While Russia is emerging from this crisis on a much stronger footing than during the 1998 …