The role of the Central Bank in the Economic Slow-down in Russia

Sergey Blinov

MPRA Paper from University Library of Munich, Germany

Abstract: This paper is looking into the causes of the GDP decline in Russia during 2008-2009 and the slow-down of the GDP growth during 2012-2013. The impact of the money supply on the GDP is discussed. Analogies are drawn with the crises in the USA: the Great Depression during 1929-1933 and the 2008-2009 crisis. Possible measures necessary for growth in Russia are investigated.

Keywords: money supply; Great Depression; recession; central bank (search for similar items in EconPapers)
JEL-codes: E41 E44 E51 E58 E65 G01 H12 N12 N14 (search for similar items in EconPapers)
Date: 2014-03-04
New Economics Papers: this item is included in nep-cba, nep-cis, nep-mac, nep-mon and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:54104

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