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Russia’s Emerging Multinationals in the Global Crisis

In: Emerging Economies and Firms in the Global Crisis

Author

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  • Sergey Filippov

Abstract

The financial crisis of 2007–2010 that was triggered by a liquidity shortfall in the US banking system resulted in the collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. The crisis is considered by many to be the worst economic downturn since the Great Depression of the 1930s. It has led to the failure of multinational companies and key businesses, decline in consumer wealth, and a significant drop in economic activity worldwide.

Suggested Citation

  • Sergey Filippov, 2013. "Russia’s Emerging Multinationals in the Global Crisis," Palgrave Macmillan Books, in: Marin A. Marinov & Svetla T. Marinova (ed.), Emerging Economies and Firms in the Global Crisis, chapter 8, pages 179-221, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-27747-3_8
    DOI: 10.1057/9781137277473_8
    as

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