Russia’s Emerging Multinationals in the Global Crisis

Sergey Filippov

Chapter 8 in Emerging Economies and Firms in the Global Crisis, 2013, pp 179-221 from Palgrave Macmillan

Abstract: Abstract The financial crisis of 2007–2010 that was triggered by a liquidity shortfall in the US banking system resulted in the collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. The crisis is considered by many to be the worst economic downturn since the Great Depression of the 1930s. It has led to the failure of multinational companies and key businesses, decline in consumer wealth, and a significant drop in economic activity worldwide.

Keywords: Gross Domestic Product; Multinational Company; Foreign Asset; Russian Company; Outward Foreign Direct Investment (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-27747-3_8

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DOI: 10.1057/9781137277473_8

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