Economics at your fingertips  

Financial Crisis 2008

L. Grigor′ev and Marsel Salikhov

Problems of Economic Transition, 2009, vol. 51, issue 10, 35-62

Abstract: The article discusses the main factors and development of the global financial crisis of 2008. The downturn in one of the local sectors of the U.S. economy has caused major threats to the functioning of global financial markets. Structural problems of the Russian financial sector ("an illusion of adequacy") have greatly exacerbated the negative consequences of the global crisis for the Russian economy. On the global level, the main steps to minimize the costs of the crisis should deal with limiting the growth of protectionism, coordinating measures of economic policy, and preventing the hard landing of a large group of economies.

Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

DOI: 10.2753/PET1061-1991511002

Access Statistics for this article

More articles in Problems of Economic Transition from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

Page updated 2022-05-01
Handle: RePEc:mes:prectr:v:51:y:2009:i:10:p:35-62