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The Russian Public Debt and Financial Meltdowns

Authors: Vavilov, A.

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eBook 76,99 €
price for Spain (gross)
  • ISBN 978-0-230-28208-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 93,59 €
price for Spain (gross)
  • ISBN 978-0-230-24893-9
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

This book examines history of Russian finances in the period of Russia's transition from communism to capitalism in the 1990s and in the current decade. It focuses on obstacles to market reforms and macroeconomic policy choices that resulted in the state debt expansion and the financial crisis of 1998.

About the authors

ANDREY VAVILOV joined the Russian Ministry of Finance in 1992 and resigned in 1997 as a First Deputy Minister of Finance. From 2002 to 2010 he served as a member of the Council of Russian Federation. He is a Visiting Senior Scholar in Penn State University and a scientific advisor to the Institute for Financial Studies.

Reviews

"Andrey Vavilov has done a splendid job of integrating modern macroeconomic theory with personal experience. Stunningly coherent, comprehensive and lively. It should be read by anyone who is serious about studying Russian economy." - Oleg Viyugin, Chairman of the board of MDM Bank, former Head of the Federal Financial Markets Service (Russian Federation).

"Sovereign debt management has been a central issue in Russia's economic transformation. Andrei Vavilov provides an excellent and comprehensive account of the causes and implications of the evolution of Russian debt combining personal experience from one of the key players in managing Russian debt in 1990s with facts, data, and insights from macroeconomic theory. A must read for all interested in Russian economy." - Sergei Guriev, Morgan Stanley Professor of Economics and the Rector of the New Economic School in Moscow.

"Over the span of barely two decades Andrei Vavilov's career path has taken him from academia, to top-level government service in Russia's executive and legislative branches, to success in industry and finance on a global scale. His new book combines the insider's unique insights into policymaking with the balanced and informed judgment of the professional economist and businessman, as it presents the real story of successes and failures in Russia's attempts to create the lifeline of a vibrant market economy a robust and modern financial system." - Clifford G. Gaddy, Senior Fellow, the Brookings Institution, US.


Table of contents (9 chapters)

Table of contents (9 chapters)
  • Introduction

    Pages 1-10

    Vavilov, Andrey

  • The External Debt Crisis of the 1990s

    Pages 11-49

    Vavilov, Andrey

  • The Domestic Financial System and Inflation

    Pages 50-86

    Vavilov, Andrey

  • Virtual Economy and Fiscal Crisis

    Pages 87-120

    Vavilov, Andrey

  • The Risks of Domestic Debt Expansion

    Pages 121-143

    Vavilov, Andrey

Buy this book

eBook 76,99 €
price for Spain (gross)
  • ISBN 978-0-230-28208-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 93,59 €
price for Spain (gross)
  • ISBN 978-0-230-24893-9
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules

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Bibliographic Information

Bibliographic Information
Book Title
The Russian Public Debt and Financial Meltdowns
Authors
Copyright
2010
Publisher
Palgrave Macmillan UK
Copyright Holder
Palgrave Macmillan, a division of Macmillan Publishers Limited
eBook ISBN
978-0-230-28208-7
DOI
10.1057/9780230282087
Hardcover ISBN
978-0-230-24893-9
Edition Number
1
Number of Pages
XIII, 269
Topics