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Causes and nature of the current crisis

In August 2008, the financial system, followed by the entire Russian economy is trapped in a raging torrent of events associated with the wake of a little earlier in the West's financial and economic crisis. Assurances that Russia in the current crisis will be "safe haven" for the world economy were untenable. Analysis and a detailed study of the preceding and subsequent events have shown that the crisis is largely managed by the global financial elite. To the study of methods and technologies to manage such crises and the subject of this research project.

Articles
Alexei Ulyukayev – RBC: the Growth of 2.5–3% is possible without the liberal revolution

The recession in the Russian economy is worse than acute crisis, said the Minister of economic development Alexei Ulyukayev in September last year. After a little over a year no one will deny that the situation facing Russia's economy, is a crisis that, apparently, will last at least two years. While all the actions of the authorities intended to react to its symptoms. "We, unfortunately, proactive policies are not," admits the Minister. In an interview with RBC Alexei Ulyukayev tells what measures will the government and the Bank of Russia to solve problems on the currency and financial market, what support to expect for the real sector of the economy and what will happen if the sanctions will last long.

28-12-2014 admin 3168 0

The calm before the storm: Why volatility precedes stability, and Vice versa

In early 2011, when the Middle East has spread a wave of protests, the Assad regime in Syria was immune to these events. After receiving the reins from his father, Hafez, who was thirty years in power, Assad confidently led the country over the past 10 years. Many experts thought that a strong Syrian political regime, characterized by tight controls over society and the economy, will surely overcome the period of "Arab spring". In comparison with the neighboring country, Lebanon, Syria looked much more stable. The civil war lasted in Lebanon during the 70-ies and 80-ies, and the assassination of former Prime Minister Rafik Hariri in 2005 had plunged the country into even deeper chaos.

22-12-2014 admin 3081 0

The risk of corporate debt

A couple of weeks ago Borio Claudio (Claudio Borio) advised investors to pay attention to the threat posed by currency mismatches. In recent years the chief economist of the Bank for international settlements observed, companies from Russia, China, Brazil and India, rapidly increase borrowings, primarily in us dollars. Although until recently it's all arranged, if and when the dollar will suddenly rise, this debt could destabilize the situation, as he served for the most part due to revenues in national currency.

22-12-2014 admin 2565 0

On the interbank market crisis began because of the rise in the key rate

Raising the key rate to 17% Bank of Russia provoked the crisis situation in the interbank ruble market, where rates reached 30% per annum. Banks do not want to part with the currency, preferring to take on expensive short term. This keeps the ruble, but it has to pay for the banking crisis.

22-12-2014 admin 2759 0

Ulyukayev: the crisis We are approaching, how could

The mistakes of the authorities on the background of cheap oil – and collapsed the economy. The Minister of economic development Alexey Ulyukaev gave an interview to the newspaper "Vedomosti". Here is his main theses.

21-12-2014 admin 2617 0