The Russian Financial Crisis and its Consequences for Central Asia

The Russian Financial Crisis and its Consequences for Central Asia
This paper reviews the economic conditions in central Asia at the time of the Russian financial crisis of August 1998; the channels by which the crisis was transmitted to the central Asian region; and the policy responses. The paper concludes that, while real exchange rates of central Asian national currencies vis-à-vis the Russian ruble have... READ MORE...

Publication date: October 2001
ISBN 9781451858341
$15.00

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