Chapter 45

Financial Globalization and the Russian Crisis of 1998

B. Pinto* and S. Ulatov

*World Bank, Washington, DC, USA

World Bank, Moscow, Russia

Outline

Introduction

Russia’s 1998 meltdown is yet another instance of financial globalization being linked to a crisis in an emerging market instead of better ...

Get The Evidence and Impact of Financial Globalization now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.