Shocks and Institutions: The Paradoxes of Russian Crisis

The modern crisis phenomena in the Russian economy had some objective grounds, but they would never get real without the two external shocks that were almost synchronized in time. The first shock is the decline in world oil prices, which is caused, for the Russian economy, by the failure of system a...

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Bibliographic Details
Main Author: Pavel Aleksandrovich Minakir
Format: Article
Language:Russian
Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2016-03-01
Series:Prostranstvennaâ Èkonomika
Subjects:
Online Access:http://spatial-economics.com/eng/images/spatial-econimics/1_2016/SE.2016.1.007-013.Minakir.pdf