IDEAS home Printed from https://ideas.repec.org/a/cai/rcedec/rce_017_0215.html
   My bibliography  Save this article

14. De l’explosion de la dette publique au défaut. Anatomie de la crise russe de 1998

Author

Listed:
  • Jacques Sapir

Abstract

The 1998 financial crash in Russia is a product of the specific dysfunctions of an emerging economy but also of a specific Russian curse, of collusion and collision with the American policy. The crash was caused by the Russian government inability to collect taxes but also by a deeply flawed macroeconomic policy. It was triggered by the Asian crisis of 1997 and a sharp problem of budget deficit. A devaluation of the ruble and a default on Russian public debt were necessary to make the way out of the crisis possible.

Suggested Citation

  • Jacques Sapir, 2015. "14. De l’explosion de la dette publique au défaut. Anatomie de la crise russe de 1998," Regards croisés sur l'économie, La Découverte, vol. 0(2), pages 215-226.
    • Handle: RePEc:cai:rcedec:rce_017_0215
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RCE_017_0215
    Download Restriction: free
    File URL: http://www.cairn.info/revue-regards-croises-sur-l-economie-2015-2-page-215.htm
    Download Restriction: free
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:rcedec:rce_017_0215. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-regards-croises-sur-l-economie.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.