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Titlebook: Restructuring, Stabilizing and Modernizing the New Russia; Economic and Institu Paul J. J. Welfens,Evgeny Gavrilenkov Book 2000 Springer-Ve

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Book 2000nded in 1997, the real development was facing even more difficult problems as output declined sharply after the Ruble and banking crisis of August 1998: inflation started to increase again, exports and imports were falling, capital flight increasing and unemployment rising. There is broad disappoint
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Banking Sector and Financial Intermediation in the Russian Transformation Processalist to a market economy. The crisis was mainly triggered by the sudden decision of the central bank to allow for a more or less floating exchange rate of the ruble and the default of the central government on its current liabilities, most importantly its short term bonds.. Many strategic mistakes
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Russian Crisis: Causes, Developments, Contagion and Prospects, there was no doubt that public support for the policies pursued had been eroding and that political and economic disequilibria had been developing that could hardly have been resolved without an economic and political crisis erupting. Not only was the crisis predictable, but the immediate outcome
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Foreign Direct Investment in Russia — An Engine of Structural Adjustment?ir transition to a market economy. In the late 1980s, these economies had been shaped by an oversized industry sector whereas the service sector was poorly developed (DÖHRN/HEILEMANN 1996); foreign trade was mainly directed towards the other members of the Council for Mutual Economic Assistance (CME
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Russian Economy: Structural Change and Econometric Prospective place during the period we observed. Apart from the importance of discussing political and economic problems it is always desirable to have appropriate instruments for analyzing the past and forecasting the future. Mathematical economic models are the very instruments to accomplish the task. Moreov
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Economic Opening-Up, Policy Reforms and Relations with International Organizations: A Parallel betwereforming foreign trade systems are the main indicators of the whole reform process. Both Hungary and Russia had recognized the significance and necessity of economic opening-up and started to liberalize the foreign trade system from the beginning of the transition period, or in the case of Hungary
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