The Resource The Russian Financial Crisis and its Consequences for Central Asia, Damjanovic, Tatiana

The Russian Financial Crisis and its Consequences for Central Asia, Damjanovic, Tatiana

Label
The Russian Financial Crisis and its Consequences for Central Asia
Title
The Russian Financial Crisis and its Consequences for Central Asia
Statement of responsibility
Damjanovic, Tatiana
Creator
Contributor
Subject
Language
eng
Summary
This paper reviews the economic conditions in central Asia at the time of the Russian financial crisis of August 1998; the channels by which the crisis was transmitted to the central Asian region; and the policy responses. The paper concludes that, while real exchange rates of central Asian national currencies vis-à-vis the Russian ruble have returned to their pre-crisis levels following the nominal devaluations that ensued, other indicators of external competitiveness, such as unit labor cost indices, suggest the need for further surveillance in this area. Also, it is not yet clear if full exchange rate flexibility has been established in central Asia despite the protracted and costly exits from the nominal exchange rates in place at the time of the crisis. Finally, the debt-to-GDP ratios in central Asia, which grew rapidly between 1998 and 1999 in the context of large exchange rate adjustments, remain a challenge for the Tajik and Kyrgyz authorities, in particular
Related
Cataloging source
CEF
Government publication
international or intergovernmental publication
Index
index present
LC call number
HG3881.5.I58
Literary form
non fiction
Nature of contents
dictionaries
Label
The Russian Financial Crisis and its Consequences for Central Asia, Damjanovic, Tatiana
Publication
Note
Available in PDF, ePUB, and Mobi formats on the Internet
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn815742800
Dimensions
unknown
Extent
1 online resource (44 pages)
Form of item
online
Isbn
9781451903591
Media category
computer
Media MARC source
rdamedia
Media type code
c
http://library.link/vocab/recordID
.b37176407
Specific material designation
remote
System control number
  • (OCoLC)815742800
  • imf1451903596

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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