1. Russia as a Transitional Economy
... , leading to a boom in private consumption. The number of people living below poverty line declined from 30% in 2000 to 14% in 2008. Russian banks were hit by the global credit crunch in 2008 like most countries in the world, though no long term damage was done thanks to a dedicated response by the government and central bank, which shielded the banking ... ...
- Word Count: 1175
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate