Global Financial Crisis and Its Impact on Russia

A. Kudrin

23 citations0/0 files storedVoprosy Ekonomiki

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Global Financial Crisis and Policies Monetary Policy and Economic Impact Economic, financial, and policy analysis

Abstract

The article examines the causes of origin and manifestation of the current global financial crisis and the policies adopted in developed countries in 2007—2008 to deal with it. It considers the effects of the financial crisis on Russia’s economy and monetary policy of the Central Bank in the current conditions as well as the main guidelines for the fiscal policy under different energy prices. The measures for fighting the crisis that the Russian government and the Central Bank use to support the real economy are described.

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References

2002Government Ownership of Banks 2000Banking Systems Around the Globe: Do Regulation and Ownership Affect Performance and Stability?2002The fiscal cost implications of an accommodating approach to banking crises 2005Bank privatization in developing countries: A summary of lessons and findings 2010Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies 2005Crisis Resolution, Policies, and Institutions: Empirical Evidence 2009Are All The Sacred Cows Dead? Implications Of The Financial Crisis For Macro And Financial Policies

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