Results of the 1998 financial crisis
Vladimir A. Mau
Abstract
Vladimir A. Mau
Abstract
Crises of 1998 had important economic, political and social consequences. The anycrisis policy broght about financial stabilization and beginning of economic growth by the end of 1999 – first time since the collapse of the Soviet economy. Political and social stabilization was not less important than economic one.
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Crises of 1998 had important economic, political and social consequences. The anycrisis policy broght about financial stabilization and beginning of economic growth by the end of 1999 – first time since the collapse of the Soviet economy. Political and social stabilization was not less important than economic one.
Key concepts: Financial crisis, Financial system, Business, Economics, Keynesian economics