Book "Default" or "Devaluation"

Name: Book "Default" or "Devaluation"
Brand: Книга&GO™
SKU: FU970235
Price: 27 UAH
Availability: InStock

Reference: FU970235

Select the language of the book:

Language: Ukrainian

Russian

Author: Александр Михайлов Григорьевич

In stock

30 UAH

27 UAH - 10%

The default on state obligations in the GKO market in August 1998 could have reduced the burden on the country's budget, that is, improved finances. However, to please external and comprador interests, under the pretext of default, the country carried out a catastrophic devaluation of the national currency (the ruble). In addition to the sharp decline in living standards in the Russian Federation, the devaluation of the ruble destabilized the economy and the state, and excluded the Russian Federation from participation in international politics.

The book’s text has been translated from the original language using an artificial intelligence system. In most cases, the translation is accurate and clear, but occasionally there may be incorrect phrasing or individual words left untranslated.

Name of the Author: Александр Михайлов Григорьевич
Language: Ukrainian
Release date: 2018

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Book "Default" or "Devaluation"

The default on state obligations in the GKO market in August 1998 could have reduced the burden on the country's budget, that is, improved finances. However,...