The Global Crisis as Seen from Russia

12 Pages Posted: 30 Oct 2012

See all articles by Vladimir Mau

Vladimir Mau

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration

Date Written: March 29, 2009

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: global crisis, economic crisis

JEL Classification: F01, H12

Suggested Citation

Mau, Vladimir, The Global Crisis as Seen from Russia (March 29, 2009). Available at SSRN: https://ssrn.com/abstract=2168197 or http://dx.doi.org/10.2139/ssrn.2168197

Vladimir Mau (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

Russian Presidential Academy of National Economy and Public Administration ( email )

Varnadskogo Avenue,82
Moscow, 119571
Russia

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