Arbeitspapier
Russian agri-food sector: 16 months after the breakdown of the monetary system
In August 1998 the Russian foreign exchange market and financial system collapsed. As a consequence the rouble devaluated in real terms against the currencies of the main trade partners, generating an output push in the agri-food sector. This improved the financial health of most producer, thus opening a window of opportunity enhancing the long run growth prospects. But, it is not apparent whether the agri-food sector make use of the enhanced circumstances. Insufficient incentive systems due to non-enforcement of legal rules within firms and farms and lack of credibility of Russian government promote a rent-seeking behaviour of employer and employees. Thus, it could be expected, that the non-price competitiveness of Russian products will rather worsen than getting better.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Paper ; No. 25
- Klassifikation
-
Wirtschaft
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Socialist Systems and Transitional Economies: National Income, Product, and Expenditure; Money; Inflation
Agriculture: Other
- Thema
-
agrifood sector
macroeconomic environment
exchange rate policy
agricultural credit market
Russia
Land- und Ernährungswirtschaft
Wechselkurspolitik
Makroökonomische Rahmenbedingungen
Agrarkreditmarkt
Russland
Landwirtschaft
Nahrungsmittelgewerbe
Branchenkonjunktur
Währungskrise
Agrarkredit
Inflationssteuer
Rent Seeking
Internationaler Wettbewerb
Russland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Poganietz, Witold-Roger
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Agricultural Development in Central and Eastern Europe (IAMO)
- (wo)
-
Halle (Saale)
- (wann)
-
2000
- Handle
- URN
-
urn:nbn:de:gbv:3:2-22906
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Poganietz, Witold-Roger
- Institute of Agricultural Development in Central and Eastern Europe (IAMO)
Entstanden
- 2000