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 …

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 …

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 …

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 …

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 …

MOEX Russia Index (formerly the MICEX Index) picked up 12.3 percent, whereas the RTS Index lost 7.4 percent. In 2018, the … MOEX Russia Index found itself in a small group of stock indices of Brazil, India and Argentina that managed to stay within … a range of positive returns (see Fig. 1). While being composed of the same companies, the two of Russia's indices differ …

market capitalization changed insignificantly from what it was a year earlier. Russia's local bond markets continued to …

stabilize further the market, the Central Bank of Russia supplemented the list of instruments of ruble liquidity provision to …