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The Opportunities of Growth in the Environment of Currency Collapses in Russia and Financial Bubbles in the World
https://doi.org/10.32609/0042-8736-2015-12-32-50
Abstract
Introduction of the free-float regime of exchange rate of the Russian ruble coupled with the fall of oil prices led to sizeable ruble depreciation. All oil-exporters devalued their currencies, however the devaluation of the ruble was the most significant. Against the backdrop of remaining instability in the world economy where a lot of financial indicators reach their pre-crisis highs, it makes the global situation highly unstable and the creation of anti-crisis buffers and stabilizing mechanisms extremely relevant for Russia.
About the Author
M. Ershov
Institute for Energy and Finance; Financial University under the Government of the Russian Federation
Russian Federation
Russian Federation
References
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Review
For citations:
Ershov M. The Opportunities of Growth in the Environment of Currency Collapses in Russia and Financial Bubbles in the World. Voprosy Ekonomiki. 2015;(12):32-50. (In Russ.) https://doi.org/10.32609/0042-8736-2015-12-32-50
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