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chapter Introduction: economic crises in the contemporary history of Russia -- part Part I Crises and revolutions … -- chapter 1 A breakdown in continuity: key aspects of a revolutionary transformation -- chapter 2 Post-communist Russia …: characteristics of the revolutionary transformations -- part Part II The 1998 crisis in Russia -- chapter 3 The background of the 1998 …
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Recently, Blanchard and Kremer (BK) argued that disorganization has led to the output decline in the former Soviet Union. In this paper we introduce liquidity and credit constraints into the BK model and show how these problems can alleviate the hold-up problem. We argue further that barter...
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"In 1998, President Boris Yeltsin's government defaulted on its domestic debt and Russia experienced a financial … meltdown that brought it to the brink of disaster. In No Precedent, No plan, Martin Gilman offers an insider's view of Russia …'s financial crisis. As the International Monetary Fund's senior person in Moscow, Gilman was in the eye of the storm. Russia …
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