The financial crisis in Russia in 1998 : Why was ruble devaluation?
Finanční krize v Rusku v roce 1998 : Proč byla devalvace rublu?
diploma thesis (DEFENDED)
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http://hdl.handle.net/20.500.11956/18233Identifiers
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- Kvalifikační práce [17123]
Author
Advisor
Referee
Hlaváček, Jiří
Faculty / Institute
Faculty of Social Sciences
Discipline
Economics
Department
Institute of Economic Studies
Date of defense
15. 9. 2008
Publisher
Univerzita Karlova, Fakulta sociálních vědLanguage
English
Grade
Good
Hlavním cílem mé prací je analyzovat rozhodující příčiny, které vedly k finanční krizí v Rusku v 1998, která spojovala měnovou, dluhovou a bankovní krizí. Powered by TCPDF (www.tcpdf.org)
This thesis aims to analyze the financial crisis in Russia in 1998, which combined a currency crisis, a debt crisis and a banking crisis. The main purpose of the work is to analyze the main reasons that lead up to the crisis. I argue that the mainstream theoretical models of currency crisis do not capture every aspect of the whole magnitude of the events in Russian economic system by August 1998. In order to explain the whole complexity of Russian financial turmoil it is absolutely necessary to analyze the origins that stood behind the crisis, which I consider to be found in country's economic structure, institutional environment and political processes. Powered by TCPDF (www.tcpdf.org)