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Russian Federation - Russia's struggle with stabilization : conceptual issues and evidence (Inglés)

The most important question about Russian economic reform is how to avoid a collapse of Russia's nascent democracy in the face of highly unstable political and economic conditions. The precarious situation could unravel in a spiral of self-reinforcing destructive responses: criminality, regional separatism, tax evasion, and flight from the currency. A combination of monetary tightening, an early pegging of the exchange rate, and large-scale international...
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