1998 Russian financial crisis
From The Art and Popular Culture Encyclopedia
|
Related e |
|
Featured: |
The Russian financial crisis (also called ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries.
[edit]
See also
- GKO-OFZ, Russian government bonds
- Great Recession in Russia
- Long-Term Capital Management, hedge fund sunk in the wake of the Russian crisis
- Russian financial crisis (2014–2017)
- 2022 Russian financial crisis
[edit]
Contemporaneous financial crises
- 1997 Asian financial crisis
- 1998–2002 Argentine great depression, which then led to the 2002 Uruguay banking crisis
- Lost Decade, Japan's economic crisis
- Samba effect
[edit]
General
Unless indicated otherwise, the text in this article is either based on Wikipedia article "1998 Russian financial crisis" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
