俄罗斯联邦的金融危机:俄罗斯人正在学习探戈吗?

Economics of Transition Pub Date : 1999-11-01 DOI:10.1111/1468-0351.00031

Thierry D. Buchs

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引用次数: 59

摘要

本文提出了1998年俄罗斯金融市场起落的一些证据，并讨论了危机对俄罗斯经济的原因和可能的后果。本文还讨论了有关全球金融一体化影响的一些重要政策问题。其核心信息是，俄罗斯金融灾难是危机蔓延的典型例子，尽管经济的潜在脆弱性是一个投资者无法忽视的问题。特别是，由于财政状况的恶化和银行系统的脆弱性，金融稳定仍然极其脆弱。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Financial crisis in the Russian Federation: Are the Russians learning to tango?

The paper presents some evidence about the rise and fall of financial markets in Russia in the course of 1998, and discusses the causes and likely consequences of the crisis for the Russian economy. It also discusses some important policy issues regarding the effects of global financial integration. The central message is that the Russian financial disaster is a typical example of crisis contagion, although the underlying vulnerability of the economy was a problem which no investor could ignore. In particular, financial stabilization remained extremely fragile owing to the deterioration of the fiscal situation and the vulnerability of the banking system.

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Economics of Transition ECONOMICS-

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期刊介绍： Economics of Transition publishes high-quality, refereed articles on the economics of structural transformation, institutional development, and growth. It presents innovative theoretical work and econometric analyses of the process of economic reform and its macroeconomic effects. The journal aims to promote new thinking on how institutions and institutional change can be analyzed and measured and how their impact on aggregate economic performance can be evaluated.