Resource title

Political Instability and the August 1998 Ruble Crisis

Resource image

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Resource description

The main objective of this study is to highlight the importance of political instability, defined as frequent changes in and of government, in undermining the Russian exchange rate based stabilization program of the 1990s. The empirical evidence supports the significance of political instability along with economic fundamentals in determining Russian real effective exchange rate and exchange market pressure, used as a proxy to the crisis.

Resource author

Tatiana Fic, Omar F. Saqib

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/18519

Resource license

Adapt according to the presented license agreement and reference the original author.