In 2018 Russia continues to reduce, since the 2014–2015 crisis, its external debt. An additional factor contributing to the reduction of debt to non-residents is that non-residents have reduced their holdings of OFZ bonds over fears of new sanctions against Russia. Therefore the today's level...

In recent years the discussion of the role played by reserve currencies in the world economy has reached a new level. Problems caused by the domination of a single reserve currency have not yet been resolved and it remains unclear when and how they will be solved in the future. At the same time,...

Russia's balance of payments data for Q3 2015 show a considerable decline in her current account balance. In monetary terms, the decline in imports during Q3 was faster than that in exports (relative to Q3 2014). By comparison with Q2 2015, it even demonstrated a slight increase, notwithstanding...

The monograph deals with analysis of the factors that determine the diversity in the degree and pace of economic development of Russia's regions. In particular, basing on the data of main socio economic indicators of RF constituent regions' performance, the authors have empirically tested...

The author provides a detailed analysis of Russia's monetary policy in 2008. He speaks about the inflation, balance of payments and foreign currency market. The paper provides measures taken by the government in the sphere of monetary policy

The author provides a detailed analysis of Russia's monetary policy in 2010. He speaks about the inflation, balance of payments and foreign currency market. The paper provides measures taken by the government in the sphere of monetary policy

The present research deals with the effect capital flows have on Russia's macroeconomic indicators. Numerous nations have recently completed the so-called liberalization of the capital and financial account, i.e. have lifted restrictions on capital flows. That is why looking into the impact...

This paper deals with Russia's monetary policy in 2011. The authors analyze Russia's money morket, inflationary development, main measures in the monetary policy, the balance of payments and the RUR exchange rate

In Russia, the pre-conditions for a successful transition to inflation targeting are beginning to emerge. The economy remains highly dependent upon the external economic conjuncture, but the financial crisis made for a steep increase in the demand of commercial banks for refinancing by the CBR....