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Journal of Economic Literature - Book Review
JEL Volume. 49, Issue 4 | 
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Reviewed by: Anders Aslund of Peterson Institute for International Economics
Review DOI: 10.1257/jel.49.4.1230.r26
Review Pages: 1307-08
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JEL Forthcoming Articles
JEL Indexes (Members Only)Book(s) Reviewed
No Precedent, No Plan: Inside Russia's 1998 Default by Martin Gilman
Published By: Cambridge, Mass. and London: MIT Press
ISBN: 978-0-262-01465-6
Date of Publication: 2010
Published By: Cambridge, Mass. and London: MIT Press
ISBN: 978-0-262-01465-6
Date of Publication: 2010
Book Review Detail
Reviewed by: Anders Aslund of Peterson Institute for International Economics
Review DOI: 10.1257/jel.49.4.1230.r26
Review Pages: 1307-08
Book Review Abstract
Anders Aslund of Peterson Institute for International Economics reviews "No Precedent, No Plan: Inside Russia's 1998 Default" by Martin Gilman. The EconLit abstract of the reviewed work begins, "Considers whether the Russian government default on its domestic financial obligations in August 1998, and the subsequent economic collapse, were inevitable and examines the legacy of that crisis on subsequent Russian economic policy. Discusses Russia and the International Monetary Fund (IMF); growing IMF involvement; whether Russia seems to be turning a corner; hope disappointed; how a possible crisis becomes probable; how a probable crisis then becomes unavoidable; the surprising postcrisis recovery; the friendly divorce; the legacy of the crisis; and whether history is doomed to repeat itself. Gilman is Professor of Economics at Russia's Higher School of Economics. Index."
Book Review Full-Text Access
Book Review Authors
Anders Aslund of Peterson Institute for International Economics
JEL Classifications
E44: Financial Markets and the Macroeconomy
P21: Socialist Systems and Transitional Economies: Planning, Coordination, and Reform
P24: Socialist Systems and Transitional Economies: National Income, Product, and Expenditure; Money; Inflation
P34: Socialist Institutions and Their Transitions: Financial Economics
P21: Socialist Systems and Transitional Economies: Planning, Coordination, and Reform
P24: Socialist Systems and Transitional Economies: National Income, Product, and Expenditure; Money; Inflation
P34: Socialist Institutions and Their Transitions: Financial Economics
