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Financial Markets in Central Asia: the Light in the Middle of the Tunnel

... before introduction of Basel III, the synchronization of the principles behind and environment for banking regulation and supervision, and the internationalization of the banking sector. Literature 1 . Clarke, G.R.G., Cull R., & Kisunko, G. External finance and firm survival in the aftermath of the crisis: Evidence from Eastern Europe and Central Asia // Journal of Comparative Economics. 2012. № 40 (3). P. 372-392. 2 . Jeon, B.N., Olivero, M.P. & Ji, W. Multinational banking and the international ...

24.06.2013

analytics

Russian Central Bank: Spending out of austerity?

The Russian Central Bank has pursued a fairly tight monetary policy over the past three years, holding the base rate high at 8.25 percent in an effort to curb inflation. That was a vital objective. Unlike most Western economies, Russia faced a serious risk of stagflation following the onset of the global economic crisis. But this policy has some limits because current inflation is detremented by institutional factors along with monetary ones. In other words, inflation is currently being driven not...

01.05.2013

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In your opinion, what are the US long-term goals for Russia?

U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements	33 (31%)
U.S. wants to deter Russia’s military and political activity	30 (28%)
U.S. wants to dissolve Russia	24 (22%)
U.S. wants to establish alliance relations with Russia under the US conditions to rival China	21 (19%)