Publication:
Russia 1998 Revisited : Lessons for Financial Globalization
dc.contributor.author | Pinto, Brian | |
dc.contributor.author | Ulatov, Sergei | |
dc.date.accessioned | 2012-08-13T10:34:21Z | |
dc.date.available | 2012-08-13T10:34:21Z | |
dc.date.issued | 2010-10 | |
dc.description.abstract | In 1998, the Russian Federation experienced one of the most severe emerging market crises of the 1997-2001 periods. It occurred less than six months after the attainment of single-digit inflation, which was supposed to launch the economy onto a sustainable growth path. This note sets out why that occurred and discusses the lessons learned. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2010/10/12922661/russia-1998-revisited-lessons-financial-globalization | |
dc.identifier.uri | http://hdl.handle.net/10986/10153 | |
dc.language | English | |
dc.publisher | World Bank, Washington, DC | |
dc.relation.ispartofseries | Economic Premise; No. 37 | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | ARREARS | |
dc.subject | ASSET STRIPPING | |
dc.subject | AUCTIONS | |
dc.subject | BAILOUT | |
dc.subject | BAILOUTS | |
dc.subject | BALANCE-OF-PAYMENTS CRISES | |
dc.subject | BASIS POINTS | |
dc.subject | BOND YIELD | |
dc.subject | BUDGET BALANCE | |
dc.subject | CAPITAL FLOWS | |
dc.subject | CENTRAL BANK | |
dc.subject | CENTRAL PLANNING | |
dc.subject | CORPORATE GOVERNANCE | |
dc.subject | DEBT BURDEN | |
dc.subject | DEBT CRISIS | |
dc.subject | DEBT ISSUANCE | |
dc.subject | DEBT OBLIGATIONS | |
dc.subject | DEBT SWAPS | |
dc.subject | DEFICITS | |
dc.subject | DEVALUATION | |
dc.subject | DEVELOPING COUNTRIES | |
dc.subject | DISBURSEMENT | |
dc.subject | DOMESTIC CURRENCY | |
dc.subject | ECONOMIC GROWTH | |
dc.subject | ECONOMIC OUTCOMES | |
dc.subject | ECONOMIC POLICY | |
dc.subject | ECONOMIC RESEARCH | |
dc.subject | ECONOMIC VOLATILITY | |
dc.subject | EMERGING MARKET | |
dc.subject | ENTERPRISE RESTRUCTURING | |
dc.subject | EUROBOND | |
dc.subject | EXCHANGE-RATE | |
dc.subject | EXPENDITURE | |
dc.subject | EXTERNAL DEBT | |
dc.subject | FEDERAL RESERVE | |
dc.subject | FEDERAL RESERVE BANK | |
dc.subject | FINANCIAL ENGINEERING | |
dc.subject | FINANCIAL LIBERALIZATION | |
dc.subject | FINANCIAL SITUATION | |
dc.subject | FINANCIAL STABILITY | |
dc.subject | FINANCIAL SYSTEM | |
dc.subject | FISCAL DEFICIT | |
dc.subject | FISCAL DEFICITS | |
dc.subject | FIXED EXCHANGE RATE | |
dc.subject | FOREIGN EXCHANGE | |
dc.subject | FOREIGN EXCHANGE RESERVES | |
dc.subject | FOREIGN PORTFOLIO | |
dc.subject | FOREIGN PORTFOLIO INVESTMENT | |
dc.subject | FORWARD RATES | |
dc.subject | GDP | |
dc.subject | GLOBALIZATION | |
dc.subject | GOVERNMENT DEBT | |
dc.subject | GROWTH RATES | |
dc.subject | HEDGE FUND | |
dc.subject | HOLDING | |
dc.subject | INFLATION | |
dc.subject | INTEREST PARITY | |
dc.subject | INTEREST PAYMENTS | |
dc.subject | INTEREST RATE DIFFERENTIALS | |
dc.subject | INTEREST RATES | |
dc.subject | INTERNATIONAL BOND | |
dc.subject | INTERNATIONAL BOND MARKETS | |
dc.subject | LIQUIDITY | |
dc.subject | LOAN | |
dc.subject | LOCAL CURRENCY | |
dc.subject | LONG-TERM CAPITAL | |
dc.subject | LONG-TERM CAPITAL MANAGEMENT | |
dc.subject | MACROECONOMIC CRISES | |
dc.subject | MACROECONOMIC ENVIRONMENT | |
dc.subject | MACROECONOMIC STABILITY | |
dc.subject | MACROECONOMIC STABILIZATION | |
dc.subject | MARKET CONFIDENCE | |
dc.subject | MARKET ECONOMY | |
dc.subject | MARKET INVESTORS | |
dc.subject | MONETARY FUND | |
dc.subject | MONETARY POLICY | |
dc.subject | MONIES | |
dc.subject | MORAL HAZARD | |
dc.subject | NOMINAL EXCHANGE RATE | |
dc.subject | NONPAYMENTS | |
dc.subject | OUTSTANDING DEBT | |
dc.subject | OUTSTANDING STOCK | |
dc.subject | PEG | |
dc.subject | PORTFOLIO | |
dc.subject | POVERTY REDUCTION | |
dc.subject | PRIVATE INVESTORS | |
dc.subject | PRIVATIZATION | |
dc.subject | PUBLIC FINANCES | |
dc.subject | RATE OF DEPRECIATION | |
dc.subject | REAL APPRECIATION | |
dc.subject | REAL EFFECTIVE EXCHANGE RATE | |
dc.subject | REAL EXCHANGE RATE | |
dc.subject | REAL GDP | |
dc.subject | REAL INTEREST | |
dc.subject | REAL INTEREST RATE | |
dc.subject | REAL INTEREST RATES | |
dc.subject | RENEGOTIATION | |
dc.subject | RESERVES | |
dc.subject | RETURN | |
dc.subject | RISK PREMIUM | |
dc.subject | SEIGNIORAGE | |
dc.subject | SENIOR DEBT | |
dc.subject | SETTLEMENTS | |
dc.subject | SHORTFALLS | |
dc.subject | SOLVENCY | |
dc.subject | SOLVENCY PROBLEMS | |
dc.subject | SOVEREIGN BOND | |
dc.subject | SOVEREIGN DEBT | |
dc.subject | SOVEREIGN RISK | |
dc.subject | SPECULATIVE ATTACK | |
dc.subject | SPECULATIVE ATTACKS | |
dc.subject | STOCK MARKET | |
dc.subject | SURPLUSES | |
dc.subject | SUSTAINABLE GROWTH | |
dc.subject | SWAP | |
dc.subject | TAX | |
dc.subject | TAX ARREARS | |
dc.subject | TAX RATE | |
dc.subject | TELECOMMUNICATIONS | |
dc.subject | TREASURY | |
dc.subject | TREASURY BILL | |
dc.subject | TREASURY BILLS | |
dc.subject | TURBULENT PERIOD | |
dc.subject | VIRTUOUS CYCLE | |
dc.subject | WEAK CORPORATE GOVERNANCE | |
dc.subject | YIELD SPREAD | |
dc.title | Russia 1998 Revisited : Lessons for Financial Globalization | en |
dspace.entity.type | Publication | |
okr.date.disclosure | 2010-10-27 | |
okr.doctype | Publications & Research :: Brief | |
okr.doctype | Publications & Research | |
okr.docurl | http://documents.worldbank.org/curated/en/2010/10/12922661/russia-1998-revisited-lessons-financial-globalization | |
okr.globalpractice | Macroeconomics and Fiscal Management | |
okr.globalpractice | Finance and Markets | |
okr.globalpractice | Trade and Competitiveness | |
okr.identifier.externaldocumentum | 000333038_20101028012730 | |
okr.identifier.internaldocumentum | 12922661 | |
okr.identifier.report | 57552 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/10/28/000333038_20101028012730/Rendered/PDF/575520BRI0Box31mise0No103701PUBLIC1.pdf | en |
okr.region.administrative | Europe and Central Asia | |
okr.region.country | Russian Federation | |
okr.topic | Finance and Financial Sector Development :: Debt Markets | |
okr.topic | Private Sector Development :: Emerging Markets | |
okr.topic | Finance and Financial Sector Development :: Currencies and Exchange Rates | |
okr.topic | Economic Theory and Research | |
okr.topic | Finance and Financial Sector Development :: Bankruptcy and Resolution of Financial Distress | |
okr.topic | Macroeconomics and Economic Growth | |
okr.unit | Macroeconomics 3 (ECSP3) | |
okr.volume | 1 of 1 |
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