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Stuck in Transit: Rethinking Russian Economic Reform

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On August 17, 1998, the Russian economy was finally punished for the delays in reforms, the lack of fiscal discipline and the overvalued exchange rate: the government was forced to devalue the ruble and default on its debt obligations. This Report discusses the policy options for rebuilding the Russian economy in the light of those traumatic events, their underlying causes and the deep flaws they exposed in the process of reform. The Report draws on new work by economic researchers at the Russian European Centre for Economic Policy in association with a range of top international scholars. It explores the long-term policy challenges in key areas of the Russian economy, including fiscal and monetary policy, the labor market, the financial sector, industrial restructuring and the barter economy.

Language: English

Pages: 50

Format: Paperback

Publisher: Center for Economic Policy Research

Release: January 01, 2000

ISBN: 1898128448

ISBN 13: 9781898128441

Stuck in Transit: Rethinking Russian Economic Reform

0/5 ( ratings)

On August 17, 1998, the Russian economy was finally punished for the delays in reforms, the lack of fiscal discipline and the overvalued exchange rate: the government was forced to devalue the ruble and default on its debt obligations. This Report discusses the policy options for rebuilding the Russian economy in the light of those traumatic events, their underlying causes and the deep flaws they exposed in the process of reform. The Report draws on new work by economic researchers at the Russian European Centre for Economic Policy in association with a range of top international scholars. It explores the long-term policy challenges in key areas of the Russian economy, including fiscal and monetary policy, the labor market, the financial sector, industrial restructuring and the barter economy.

Language: English

Pages: 50

Format: Paperback

Publisher: Center for Economic Policy Research

Release: January 01, 2000

ISBN: 1898128448

ISBN 13: 9781898128441

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