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We review some aspects of financial dollarization in Russia, applying the main relevant theories to analyze the …, where we have seen significant accumulation of international reserves by the Bank of Russia and repayment of government debt …
Persistent link: https://www.econbiz.de/10012148655
We review some aspects of financial dollarization in Russia, applying the main relevant theories to analyze the …, where we have seen significant accumulation of international reserves by the Bank of Russia and repayment of government debt …
Persistent link: https://www.econbiz.de/10013066920
Persistent link: https://www.econbiz.de/10010203949
We exploit variation in consumer price inflation across 71 Russian regions to examine the relationship between the perceived stability of the domestic currency and financial dollarization. Our results show that regions with higher inflation experience an increase in the dollarization of...
Persistent link: https://www.econbiz.de/10010407636
From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery …. An event study of this episode provides important insights for Emerging Market investment and Russia's medium … conditions. Together with persistent commitment towards international integration this heralds a long-term convergence of Russia …
Persistent link: https://www.econbiz.de/10005529076
From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery …. An event study of this episode provides important insights for Emerging Market investment and Russia's medium … conditions. Together with persistent commitment towards international integration this heralds a long-term convergence of Russia …
Persistent link: https://www.econbiz.de/10011689911
From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery … a convergence of Russia’s economic structures with those in Central and Western Europe. …
Persistent link: https://www.econbiz.de/10005561251
The financial turmoil that hit Russia in August 1998 was extremely confusing to many foreign observers working in … Russia. It was astonishing to see a country that seemed on its way to prosperity suddenly experiencing an economic meltdown …. As part of my work, I was often asked to provide explanations and guidance regarding the situation in Russia. The casual …
Persistent link: https://www.econbiz.de/10014204442
external debt deleveraging. Declining oil prices alone do not explain the depth of economic crisis in Russia, but we get rather … these two projections as the effect of sanctions against Russia. The effect is modest, yet significant, for most of the …
Persistent link: https://www.econbiz.de/10012865696
processes and continued after the collapse of the USSR, Russia has recorded its first year of economic growth. Then, with … virtually no advanced warning, by the of August 1998, Russia found itself in a financial pariah state position, having defaulted …
Persistent link: https://www.econbiz.de/10013112330