The Global Crisis As Seen from Russia

Vladimir Mau

Working Papers from Gaidar Institute for Economic Policy

Abstract: It has become popular in Russia to speak about the crash of the Western economic model and liberal capitalism and this talk may make some sense from the political point of view. All of economic history shows that however harsh a crisis may be and whatever stage of capitalism’s decomposition is attributed to it, market economies have always survived crises, and emerged from them stronger, tougher and more competitive.

Keywords: Russian economy; global crisis; economic crisis (search for similar items in EconPapers)
JEL-codes: F01 H12 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2009, Revised 2012
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https://www.iep.ru/files/RePEc/gai/wpaper/0037Mau.pdf Revised version, 2012 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:wpaper:0037

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