Stuck in Transit: Rethinking Russian Economic Reform - Softcover

Softcover

ISBN 10: 1898128448 ISBN 13: 9781898128441

Publisher: Centre for Economic Policy Research, 2000

Synopsis

On August 17, 1998, the Russian economy was finally punished for the delays in reforms, the lack of fiscal discipline and the overvalued exchange rate: the government was forced to devalue the ruble and default on its debt obligations. This Report discusses the policy options for rebuilding the Russian economy in the light of those traumatic events, their underlying causes and the deep flaws they exposed in the process of reform. The Report draws on new work by economic researchers at the Russian European Centre for Economic Policy (RECEP) in association with a range of top international scholars. It explores the long-term policy challenges in key areas of the Russian economy, including fiscal and monetary policy, the labor market, the financial sector, industrial restructuring and the barter economy.

About this title

About the Author

Erik Berglof is the Chief Economist and Special Adviser to the President at the European Bank for Reconstruction and Development (EBRD). Romesh Vaitilingam is an independent writer and consultant.

Edition details

• Publisher: Centre for Economic Policy Research
• Publication date: 2000
• Language: English
• ISBN 10: 1898128448
• ISBN 13: 9781898128441
• Binding: Paperback
• Number of pages: 130
• Editor: Berglof E, Vaitilingam R