(Prospects for the Russian Ruble to Become Regional Reserve Currency)

descriptionPublicationkeyboard_double_arrow_right Article , Preprint 01 Jan 2015 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Pavel Trunin; Sergey Narkevich;

doi: 10.2139/ssrn.2662480

(Prospects for the Russian Ruble to Become Regional Reserve Currency)

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Abstract

2007-2009 global financial crisis demonstrated that financial markets of major countries can be subject to the large scale system shocks. One of the manifestations of the crisis was the slump of the global trade and significant capital outflow from the emerging markets. This papers deals with the issue of the Russian ruble becoming a regional reserve currency.

Related Organizations

Gaidar Institute for Economic Policy
Russian Federation

Keywords

Russian economy, financial crisis, reserve currency, regional reserve currency, Russian ruble, jel: jel:G15, jel: jel:F31, jel: jel:F42, jel: jel:E44, jel: jel:E42, jel: jel:E58, jel: jel:F36, jel: jel:F33, jel: jel:F55

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