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This paper starts with a brief summary on corporate foreign exchange risk management. The second chapter overviews the development of the Rouble-Euro exchange rate in the last decade. The fluctuations of this parity impact significantly the international competitiveness of German and Russian...
Persistent link: https://www.econbiz.de/10011120340
В статье рассмотрены проекты реформирования мировой валютной системы, предложенные различными странами в условиях мирового финансово-экономического кризиса....
Persistent link: https://www.econbiz.de/10011233297
In recent years, as a result of a strong demand for energy and other natural resources, Russia's economy has … experienced impressive growth. Russia's re-emergence as a political and, particularly, economic power have allowed it to increase … policy support to its agricultural sector. Russia's size, improving prospects, and growing policy support make developments …
Persistent link: https://www.econbiz.de/10005805102
In 1998, the Russian Federation experienced one of the most severe emerging market crises of the 1997–2001 period. It occurred less than six months after the attainment of single-digit inflation, which was supposed to launch the economy onto a sustainable growth path. This note sets out why...
Persistent link: https://www.econbiz.de/10008837650
happiness in Russia. Based on panel analysis of longitudinal survey data, this shift should be attributed to the collective … experience of recovery from the shock of the 1998 ruble crisis, rather than to individual economic trajectories. …
Persistent link: https://www.econbiz.de/10010538673
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In a surprisingly growing number of regions in Germany private "regional currencies" are issued as a cash substitute for the euro. Currently, these regional currencies are conceived almost exclusively as Schwundgeld (depreciative currency), which loses value on a predetermined timescale. This...
Persistent link: https://www.econbiz.de/10005059038
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