Russia and the global crisis

Russia and the global crisis

Автор: Sapir Jacques

Журнал: Economic and Social Changes: Facts, Trends, Forecast @volnc-esc-en

Рубрика: Development strategy

Статья в выпуске: 4 (12) т.3, 2010 года.

Бесплатный доступ

The following issue is a scientific report “Russia and the global crisis: first results”, which was represented by the author at the permanent Russian and French seminar on monetary and financial problems of the Russian economy, held in Vologda in April 2010. The text is published with abridgement.

Короткий адрес: https://sciup.org/147223214

IDR: 147223214

Список литературы Russia and the global crisis

  • Alturk F., Espinosa-Bowen J., Ilahi N. (2009). How Russia Affects the Neighbrhood: Trade, Financial and Remittance Channels//Working Paper WP/09/277, Fonds Monètaire International, Washington DC.
  • Arestis P., Sawyer M. (2008). A Critical Reconsideration of the Foundation of Monetary Policy in the New Consensus Macroeconomics Framework//Cambridge Journal of Economics, Vol. 32, №5, Pp. 761-779.
  • Artus P. (2006). Quels risques pèsent sur les salaries européens?//Flash-Economie №2006-153, 11 April 2006, IXIS, Paris.
  • Artus P. (2004). Pourquoi l’ouverture aux échanges semble être défavorables dans certains cas?//Flash-Economie №2004-53, 17 February 2004, CDC-IXIS, Paris.
  • Baker D., K. Walentin. (2001). Money for Nothing: The Increasing Cost of Foreign Reserve in Developing Nations//Center for Economic Policy and Research, Washington, D.C.
  • Bernanke B.S. (2002). Deflation: Making Sure "it" doesn't Happen Here. Remarks by Governor Ben S. Bernanke before the National Economists Club, Washington D.C., Board of Governors of the Federal Reserve System, Washington, D.C.
  • Bibow J. (2009). The Euro and Its Guardian of Stability: The Fiction and Reality of the 10th Anniversary Blast//Working Paper №583/The Levy Economics Institute of Bard College, Annandale-on-Hudson, NY, November.
  • Bivens J. (2007). Globalization, American wages, and Inequality//EPI Working Paper, 6 September 2007, Washington DC.
  • Blanchard O. (2008). The State of Macro//NBER Working Paper Series. №14259/National Bureau of Economic Research, Cambridge, MA.
  • Buiter W. (2009). The return of capital Controls//in VoxEU, 20 February 2009, URL: http://www.voxeu.org/index.php?q=node/3104.
  • Calvo G., Leiderman L., Reinhart C.M. (1994). The capital Inflow Problem: Concept and Issues//Contemporary Economic Policy, Vol. XII, Pp. 54-66.
  • Canzoneri M., Cumby R.E., Diba B., Lopez-Salido D. (2008). Monetary Aggregates and Liquidity in a Neo-Wicksellian Framework//NBER Working Paper Series, №14244/National Bureau of Economic Research, Cambridge, MA.
  • Central Bank of the Russian Federation. (2008). Guidelines for the Single State Monetary Policy in 2009 and for 2010 and 2011//Document approved by the Board of Directors, 17 October 2008, Moscow.
  • Central Bank of the Russian Federation. (2007). Guidelines for the Single State Monetary Policy in 2008//Document approved by the Board of Directors, 18 June 2007, Moscou.
  • Cifuentes R., Ferruci G., Song Shin H. (2005). Liquidity Risk and Contagion//Journal of the European Economic association, Vol. 3, № 2-3, April-May 2005, Pp. 556-566.
  • Clarida R., Gali J. Gertler M. (1999). The Science of Monetary Policy: A New Keynesian Perspective//Journal of Economic Literature, Vol. 37, №4, 1999, Pp. 1161-1707.
  • Clenfield J. (2009). Japan Economy Shrank 14.2% Last Quarter on Exports (Update2)//Bloomberg, 11 Yuin 2009, URL: http://www.bloomberg.com/apps/news?pid=20601068&sid=arcluzVNj_QM.
  • Cochrane L. (2009). Downgrades Loom for Hungary, Poland, Czech Bonds, Yields Show//Bloomberg, 18 Février 2009, URL: http://www.bloomberg.com/apps/news?pid=20601087&sid=aVAhIacV3mpg&refer=home.
  • Coibion O. (2006). Inflation Inertia in Sticky Information Models//Contributions to Macroeconomics, Vol. 6, №1, 2006.
  • Conrad C., Karanasos M. (2005). Dual Long Memory in Inflation Dynamics across Countries of the Euro Area and the Link between Inflation Uncertainty and Macroeconomic Performance//in Studies in Nonlinear Dynamics & Econometrics, Vol. 9, №4, November 2005 (published by The Berkeley Electronic Press: http://www.bepress.com/snde.
  • Durand C. (2007). Pourquoi les firmes métallurgiques russes s’internationalisent-elles? Une perspective institutionnelle et systémique//in Revue d’études comparatives est-ouest, Vol. 38, №1, Mars 2007, Pp. 151-194.
  • Dornbusch R. (1998). Capital Controls: an Idea whose Time is Past//in Should the IMF Pursue Capital Account Convertibility? Princeton Essays in International Finance №207, May 1998, Princeton (NJ), Princeton University.
  • Feldstein M. (1999). A self-Help Guide for Emerging Markets//Foreign Affairs, March-April 1999.
  • Fongenie C.A. (2005). A Note on Fisher’s Equation and Keynes’s Liquidity Hypothesis//Journal of Post-Keynesian Economics, Vol. 27, №4, 2005, Pp. 621-632.
  • Fontana G. (2009). The ‘Unemployment Bias’ of the New Consensus View of Macroeconomics/P. Arestis, J. McCombie (eds)//Unemployment: Past and Present, London-Basingstoke, Palgrave Macmillan.
  • Fullwiler S.T., Allen G. (2007). Can the FED target Inflation? Toward an Institutionalist Approach//Journal of Economic Issues, Vol. 41, №2, 2007, Pp. 485-494.
  • Galbraith J.K. (2008). The Collapse of Monetarism and the Irrelevance of the New Monetary Consensus. Policy Note 2008/1, Annandale-on-Hudson (N.Y.), The Levy Economics Institute of Bard College.
  • Goodfriend M., King R.G. (1997). The New Neoclassical Synthesis and the Role of Monetary Policy/B.S. Bernanke, J.J. Rotemberg (eds)//NBER Macroeconomic Annual, 1997, MIT Press, Cambridge, MA.
  • Goodhart C.A.E. (2008). The Continuing Muddles of Monetary Theory: A Steadfast Refusal to Face facts. Paper presented to the 12th Conference of the Research Network macroeconomics and Macroeconomic Policy, Berlin, Germany, October 31st -November 1st, 2008.
  • Goodhart C.A.E. (2005). The Foundation of Macroeconomics: Theoretical Rigour versus Empirical realism. Paper presented at the Conference on the History of Macroeconomics, Louvain-la-Neuve, Belgium, Janvier.
  • Goodhart C.A.E., Tsomocos D.P. (2007). Analysis of Financial Stability//Working Paper 2007 FE04, Oxford UK, Oxford Financial Research Center.
  • Greenspan A. (1999). Currency Reserves and Debt. Remarks Before the World Bank Conference on Recent Trends in Reserve Management, Washington, D.C., 29 April, 1999.
  • Hahn F. (1971). Professor Friedman's Views on Money//Economica, Vol. 38, №1, 1971, Pp. 61-80.
  • Hahn F. (1980). Monetarism and Economic Theory//Economica, Vol. 47, №1, 1980, Pp. 1-17.
  • Humber Y., Kolesnikova M. (2009). Putin’s Oligarch’ Juggles Loyalty to Moscow With Foreign Banks//Bloomberg,
  • Juin 2009, URL: http://www.bloomberg.com/apps/news?pid=20601109&sid=alAmru1.Nz7A.
  • Hutchison M.N., Noy I. (2002). Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow reversals and Output Loss in Emerging markets//Economic Policy Research Unit, Institute of Economics, University of Copenhagen, 2002.
  • Kam E., Smithin J. (2004). Monetary Policy and Demand Management for the Small Open Economy in Contemporary Conditions with (perfectly) Mobile Capital//Journal of Post-Keynesian Economics, Vol. 26, №4, Pp. 679-694.
  • Kaminsky G.L., Reinhart C.M., Végh C.A. (2004). When it Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies. Paper prepared for the NBER 19th Conference on Macroeconomics, August 13th, 2004, IMF, Washington DC.
  • Le Heron E., Carré E. (2006). Credibility versus Confidence in Monetary Policy/L.R. Wray, M. Forstater (eds.)//Money, Financial Instability and Stabilization Policy, Cheltenham, Edward Elgar, 2006.
  • Minsky H.P. (1982). Debt-Deflation Process in Today’s Institutional Environment//Banco Nazionale del Lavoro Quarterly Review, December 1982.
  • Minsky H.P. (1981). Financial Markets and Economic Unstability: 1965 -1980//Nebraska Journal of Economics and Business, Vol. 20, №4, 1981, Pp. 5-16.
  • Nishiyama S.I. (2003). Inflation Target as a Buffer against the Liquidity Trap. IMES Discussion Paper № 2003-E-8, Institute for Monetary and Economic Studies -Bank of Japan, Tokyo, 2003.
  • O’Brien E., Cochrane L., (2009). Russia Tops Stock Gains, Strengthening Putin as Ukraine Tumbles//Bloomberg, 2 Mars.
  • Papadimitriou D., Wray L.R. (2007). Targeting Inflation: The Effect of Monetary Policy on the CPI and its Housing Component//Public Policy Brief №27, Annandale-on-Hudson, (NY), The Levy Economics Institute of the Bard College.
  • Randall Wray L. (2007). A post-Keynesian View of Central Bank Independence, Policy targets and the Rules-versus-Disceretion Debate//Working Paper №510, The Levy Economics Institute, Annandale on Hudson, Août.
  • РИА-Новости. (2009). China would consider measure toward a new international currency//Beijing, 23 Mars, URL: http://en.rian.ru/world/20090323/120689432.html.
  • РИА-Новости. (2009б). China supports Russi//Beijing, 24 Mars 2009, URL: http://en.rian.ru/business/20090324/120703288.html.
  • РИА-Новости. (2009в). Russia, Belarus, Kazakhstan seek to join WTO as customs bloc//11 Juin 2009, 12h30.
  • Rodrik D. (1998). Who needs capital Account Convertibility?//in Should the IMF Pursue Capital Account Convertibility? Princeton Essays in International Finance №207, Princeton (NJ), Princeton University.
  • Rodrik D. (2006). The Social Cost of Foreign Exchange Reserves//International Economic Journal, Vol. 20, №3, Pp. 253-266.
  • Rodrik D. (2008). The Real-Exchange Rate and Economic Growth//Working Paper, The John F. Kennedy School of Government, Harvard University, Cambridge (MA).
  • Sapir J. (2008) in Rossija v Global’noj Politike, №2, Mars-Avril 2008, URL: http://www.globalaffairs.ru/numbers31/9482.html.
  • Sapir J. (2008б). Évaluation de l’impact de la hausse de la liquidité dans l’économie russe sur l’inflation. Document du séminaire franco-russe, Paris, Juillet 2008, miméo.
  • Sapir J. (2008в). Évaluation de l’impact de la hausse de la liquidité dans l’économie Ukrainienne sur l’inflation. Note de Recherchee CEMI-EHESS, CEMI-EHESS, Paris, août 2008.
  • Sapir J. (2008г). The new Russian Industrial policy: back to USSR or pragmatic adjustment? Texte de la conférence «Industrial Policy» co-organisée par le CSID et le DTI â l’Université de Witwatersrand, Juin.
  • Sapir J. (2008д). Une décade prodigieuse. La crise financière entre temps court et temps long//Revue de la régulation, №3, 2éme semestre 2008, Varia, , mis en ligne le 30 Septembre 2008, URL: http://regulation.revues.org/document4032.html.
  • Sapir J. (2006). Каким должен быть уровень инфляции? (О значении давних дискуссий для определения сегодняшней стратегии развития России)//Журнал «Проблемы прогнозирования», 2006, №3, C. 11-22.
  • Sapir J. (2006б). Articulation entre inflation monétaire et inflation naturelle: un modèle hétérodoxe bi-sectoriel. Présenté à la 32éme session du séminaire franco-russe à Stavropol.
  • Speranskaia T. (2008). Le rôle des institutions financières dans le développement régional. Quel avenir pour les petites banques régionales russes//Numéro spécial Russie, AcComEx, Septembre.
  • Speranskaia T. (2005). Les enjeux de la croissance économique russe et les sources de son financement//AcComEx, Chambre de commerce et d’industrie de Paris, №65, Septembre-Octobre.
  • Stanton E. (2009). U.S. Stocks, Dollar Decline on China Calls for World Currency//Bloomberg, 26 Juin 2009, URL: http://www.bloomberg.com/apps/news?pid=20601087&sid=acf9apQ_dc1A.
  • Stiglitz J.E. (1989). Toward a general Theory of Wage and Price Rigidities and Economic Fluctuations//in American Economic Review, Papers and Proceedings, Vol. 79, №2, 1989, Pp. 75-80.
  • Sweeney R.J. (1997). The Information Cost of Capital Controls/Ries Hekman C., R.J. Sweeney (eds)//Capital Controls in Emerging Economies, Boulder, CO, Westview Press, 1997.
  • Tymoigne E. (2007). Fisher’s Theory of Interest Rates and the Notion of ‘real’: a Critique//Working Paper №483/Annandale-on-Hudson, (N.Y.), The Levy Economics Institute of Bard College, 2007.
  • Vercueil J. (2007). Changement institutionnel, ouverture économique et arriération technologique: la Russie en transition, in Lafaye de Micheaux E., Mulot E., Ould-Ahmed P. (dir.): Institutions et Développement, Presses Universitaires de Rennes.
  • Weber A., Lemke W., Worms A. (2008). How Useful is the Concept of the Natural Real Rate of Interest for Monetary Policy//Cambridge Journal of Economics, Vol. 32, №1, 2008, Pp. 49-63.
  • Yamping L. (2009). China ‘Super Currency’ Call Shows Dollar Concern (Update1)//Bloomberg, 24 Mars 2009, URL: http://www.bloomberg.com/apps/news?pid=20601087&sid=aiS1BUOMzWdw&refer=home.
Еще
Статья научная
SciUp 2024 © 2024 ©