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Les analyses contradictoires sur la situation de l'économie russe avant la crise de septembre 1998

Author

Listed:
  • Liliane Bensahel

    (CREPPEM - Centre de Recherche Économique sur les Politiques Publiques dans une Économie de Marché - UPMF - Université Pierre Mendès France - Grenoble 2)

  • Jacques Fontanel

    (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble)

Abstract

Russia's economic transition, even before the 1998 financial crisis, has been the subject of many contradictory analyses between those who pushed for increased efforts to liberalise the national economy, and those who insisted on the importance of debt, the fragility of the banking system and the dangers of international speculation. The liberal optimists claimed the strategy of "shock therapy", the priority development of the private sector under IMF-supported policy, the structuralists insisted on the depth and duration of the recession, due to inappropriate public choices and institutional and behavioural inertia, and the protesters insisted on a development that was mindful of the specificity of the Soviet economy, the democratic risks of the immediate development, the unresolved financial problems and the failure of the IMF's strategy . Russia's economic crisis is not good news for the world.

Suggested Citation

  • Liliane Bensahel & Jacques Fontanel, 1999. "Les analyses contradictoires sur la situation de l'économie russe avant la crise de septembre 1998," Post-Print hal-03154262, HAL.
    • Handle: RePEc:hal:journl:hal-03154262
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-03154262
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    References listed on IDEAS

    as
    1. Jacques Fontanel & Irina Borissova & Michael Ward, 1995. "The principles of arms conversion in the case of Russia," Post-Print hal-02386949, HAL.
    2. Jacques Fontanel, 1994. "La conversion civile de l’armement," Post-Print hal-02864910, HAL.
    3. Ovsey Shkaratan & Jacques Fontanel, 1998. "Conversion and personnel in the Russian military‐industrial‐complex," Post-Print hal-02364240, HAL.
    4. Ovsey Shkaratan & Jacques Fontanel, 1998. "Conversion and personnel in the Russian military-industrial-complex," Defence and Peace Economics, Taylor & Francis Journals, vol. 9(4), pages 367-379.
    5. Ron Smith & Anthony Humm & Jacques Fontanel, 1987. "Capital-labour substitution in defence provision," Post-Print hal-03205374, HAL.
    Full references (including those not matched with items on IDEAS)

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