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CRISIS IN RUSSIA – A GLANCE FROM THE DAY BEFORE YESTERDAY, YESTERDAY, TODAY AND TOMORROW
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CRISIS IN RUSSIA – A GLANCE FROM THE DAY BEFORE YESTERDAY, YESTERDAY, TODAY AND TOMORROW
Annotation
PII
S042473880000616-6-1
Publication type
Article
Status
Published
Authors
Marina Frolova  Tatyana Tishchenko Veniamin Livchits
Edition
Volume 47 Issue 2
Pages
66-81
Abstract

The character of the present crisis in Russia is analyzed. It is shown that it has got a long-term and system nature and affects all the industries and regions of Russia, as well аs all the spheres – economic, social, investment and the others. It is pointed that the main reason for its development is ineffective tactics of implementing radical reform in the country – according to the Russian variant of monetarist macroeconomic theory. A short comparative analysis is given concerning the results of the reforms in Russia and China, where they are being implemented according to evolutionary tactics, and much more successfully.

Keywords
financial crisis, system crisis, monetary theory, Washington consensus, stationary and non-stationary economy, strategy and tactics of reforms, state regulation of economy
Date of publication
01.01.2011
Number of purchasers
1
Views
930
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0.0 (0 votes)
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