This study examines the growing role of fiscal policy at the time of financial crisis. It presents the analysis of fiscal stimulus measures of the Russian Government during the period of 2008-2010 and the comparison with similar measures implemented in other countries. Risks and restrictions...

According to the preliminary estimate of the State Committee on Statistics [Goskomstat], Russia's GDP last year was 1,659 trillion rubles as compared with 611 trillion rubles in 1994. The growth in nominal volume due to inflation, while diminishing substantially during the year, nevertheless...