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Author:Sinelnikov-Morylev, S.
Trofimov, G.
Title:Fiscal crisis and macroeconomic stabilization in Russia
Journal:Russian and East European Finance and Trade
1999 : JUL/AUG, VOL. 35:4, p. 47-69
Index terms:RUSSIA
FISCAL POLICY
CRISES
Language:eng
Abstract:The economic liberalization in 1992 allowed Russia to try solving various problems: to liquidate monetary overhang and shortage of goods, create money-based market mechanisms of exchange, improve public finance, start negotiations on restructuring the sovereign debt accumulated by the Soviet Union, raise official foreign reserves, and open the economy for international trade.
SCIMA record nr: 211355
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