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A Case Study of a Currency Crisis: The Russian Default of 1998 - Review

This article uses a currency crisis framework to analyze the currency devaluation and debt default of post-Soviet Russia in August 1998. The authors show that even though the Russian economy recorded positive growth immediately preceding the default, the atmosphere was reflecting of an impending crisis.

research.stlouisfed.org/.../11/01/a-case-study-of-a-currency-crisis-the-russian-default-of-1998

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2002 1 items

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Abbigail Chiodo 1 items

Michael T. Owyang 1 items

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