Trajectory of economic crises in Russia during the formation and development of a market economy: assessment, evolution, management

The article examines the causes and consequences of such an economic phenomenon as an economic crisis. The problem of economic crises is determined by the fact that, despite the tools created by the world community to prevent them, it is impossible to accurately predict, much less avoid, economic di...

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Main Authors: D. S. Shikhalieva, S. V. Belyaeva
Format: Article
Language:English
Published: Publishing House of the State University of Management 2022-02-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/3265
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author D. S. Shikhalieva
S. V. Belyaeva
author_facet D. S. Shikhalieva
S. V. Belyaeva
author_sort D. S. Shikhalieva
collection DOAJ
description The article examines the causes and consequences of such an economic phenomenon as an economic crisis. The problem of economic crises is determined by the fact that, despite the tools created by the world community to prevent them, it is impossible to accurately predict, much less avoid, economic disasters. The article characterises the crises in Russia from 1998 to 2021. Since 1998, there have been four different causes of crisis in the new economic history. It has shown that world economic crises directly or indirectly affect the macroeconomic indicators of the Russia, cause their decrease. It has concluded that the Russian economy is more responsive to the economic macro-conjuncture due to the dependence of the ruble on the dollar, and the impact of the level of commodity prices on the income part of the consolidated budget.
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institution Kabale University
issn 1816-4277
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language English
publishDate 2022-02-01
publisher Publishing House of the State University of Management
record_format Article
series Вестник университета
spelling doaj-art-4ee8b40971a14eb6b96cec868d9dca682025-02-04T08:28:10ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-02-0101214415010.26425/1816-4277-2021-12-144-1502229Trajectory of economic crises in Russia during the formation and development of a market economy: assessment, evolution, managementD. S. Shikhalieva0S. V. Belyaeva1Moscow State University of Humanities and EconomicsNorth Caucasus Institute (branch) of Moscow Humanitarian Economic University)The article examines the causes and consequences of such an economic phenomenon as an economic crisis. The problem of economic crises is determined by the fact that, despite the tools created by the world community to prevent them, it is impossible to accurately predict, much less avoid, economic disasters. The article characterises the crises in Russia from 1998 to 2021. Since 1998, there have been four different causes of crisis in the new economic history. It has shown that world economic crises directly or indirectly affect the macroeconomic indicators of the Russia, cause their decrease. It has concluded that the Russian economy is more responsive to the economic macro-conjuncture due to the dependence of the ruble on the dollar, and the impact of the level of commodity prices on the income part of the consolidated budget.https://vestnik.guu.ru/jour/article/view/3265povertyunemploymentbudgetgross domestic productreal incomesinflationcycleeconomic crisisoil pricecrisis management
spellingShingle D. S. Shikhalieva
S. V. Belyaeva
Trajectory of economic crises in Russia during the formation and development of a market economy: assessment, evolution, management
Вестник университета
poverty
unemployment
budget
gross domestic product
real incomes
inflation
cycle
economic crisis
oil price
crisis management
title Trajectory of economic crises in Russia during the formation and development of a market economy: assessment, evolution, management
title_full Trajectory of economic crises in Russia during the formation and development of a market economy: assessment, evolution, management
title_fullStr Trajectory of economic crises in Russia during the formation and development of a market economy: assessment, evolution, management
title_full_unstemmed Trajectory of economic crises in Russia during the formation and development of a market economy: assessment, evolution, management
title_short Trajectory of economic crises in Russia during the formation and development of a market economy: assessment, evolution, management
title_sort trajectory of economic crises in russia during the formation and development of a market economy assessment evolution management
topic poverty
unemployment
budget
gross domestic product
real incomes
inflation
cycle
economic crisis
oil price
crisis management
url https://vestnik.guu.ru/jour/article/view/3265
work_keys_str_mv AT dsshikhalieva trajectoryofeconomiccrisesinrussiaduringtheformationanddevelopmentofamarketeconomyassessmentevolutionmanagement
AT svbelyaeva trajectoryofeconomiccrisesinrussiaduringtheformationanddevelopmentofamarketeconomyassessmentevolutionmanagement