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Causes of the Global Financial Crisis and Its Implications for Russia


Aleksandr Osipov
(about the author)

Osipov Aleksandr Yuryevich – Postgraduate Student, Faculty of Business Economics, Russian Presidential Academy of National Economy and Public Administration, Moscow

Published in:
Russian Journal of Entrepreneurship
– № 14 / July, 2012



Keywords: budgetary funds, crisis of the world capitalist system, economic crisis, exhaustion of growth opportunities by capitalism, investments, liquidity of commercial banks, production of goods


Citation:
Aleksandr Osipov (2012). Causes of the Global Financial Crisis and Its Implications for Russia. Russian Journal of Entrepreneurship, 13(14), 4-10. — url: http://bgscience.ru/com/lib/3733


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Abstract:

The paper presents the idea that in order to prevent a serious economic crisis in Russia, the government efforts should be focused on the development of the domestic market. To achieve the goal it is necessary to work on reducing the huge gap existing between the rich and the poor. It is also necessary to develop the main manufacturing industries: housing and road construction, metallurgy, agriculture, mechanical engineering and mining. Their recovery can give a multiplying effect.








References:
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2. Kashin V.A. Prichiny krizisa i mery ego preodoleniya // Bankovskoe delo. – 2009.
3. Sm.: Solntsev O., Mamonov M, Pestova A. Situatsiya na kreditnom rynke: promezhutochnye itogi krizisa i kontury srednesrochnogo prognoza // Bankovskoe delo. − 2010.
4. Uchenie Marksa. XXI vek. Marksizm i sovremennost. Mirovoy finansovyy krizis. − Moskva, 2010.
5. Starodubrovskiy V.G. V poiskakh vyhoda: rossiyskaya ekonomika v 2009 godu // Ekonomicheskaya politika.
6. Balatskiy E.V. Kommentarii k keynsianskoy kontseptsii multiplikatora // Mirovaya ekonomika i mezhdunarodnye otnosheniya. – 2000.

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