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The Russian Financial Crisis: An Analysis of Trends, Causes, and Implications

Description: Since May of 1998, Russia has been caught in the latest, and likely the most serious, in a series of economic crises. The crisis came to a head on August 17, 1998, when the government of then-Premier Sergei Kiriyenko abandoned its defense of a strong ruble exchange rate against the dollar, defaulted on government domestic debt forcing its restructuring, and placed a 90-day moratorium on commercial external debt payments. Those actions led to Yeltsin's dismissal of Kiriyenko on August 23, replac… more
Date: February 18, 1999
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department
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Russia: Primakov’s Economic Policy Dilemma and U.S. Interests

Description: This report focuses on two divergent scenarios faced by Russia in the wake of its financial crisis of August 1998. Prime Minister Yevgenii Primakov expected either a vicious cycle of decline and possible collapse in government or an economic management scenario following outlines of an agreed action program that makes imperative fundamental changes in the Russian financial system. The success or failure of Russia in dealing with this crisis may have more effect on the pursuit of peace and prosp… more
Date: May 3, 1999
Creator: Hardt, John P.
Partner: UNT Libraries Government Documents Department
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Algeria: A New President and His Policies

Description: This report details concerns surrounding the election of Abdulaziz Bouteflika to the presidency of Algeria in 1999. Specifically, the opposing party labeled the election as corrupt. After seven years of civil war Bouteflika proposed a civil concord and is restoring Algerian foreign relations to what they once were. Currently, the relationship between the U.S. and Algeria looks positive for the foreseeable future.
Date: August 24, 1999
Creator: Migdalovitz, Carol
Partner: UNT Libraries Government Documents Department
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Electricity Restructuring Background: Public Utility Holding Company Act of 1935 (PUHCA)

Description: This report provides background information on PUHCA, including its history and impact. It also discusses how PUHCA reform fits into the current electric utility industry restructuring debate. This report will be updated as events warrant. For related information on electricity restructuring, see the CRS Electronic Briefing Book.
Date: January 7, 1999
Creator: Abel, Amy
Partner: UNT Libraries Government Documents Department
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Afghanistan: Connections to Islamic Movements In Central and South Asia and Southern Russia

Description: After several years of relative peace in Central Asia and southern Russia, Islamic extremist movements have become more active in Russia and in Central and South Asia, threatening stability in the region. Although numerous factors might account for the upsurge in activity, several of these movements appear to have connections to the Islamic fundamentalist Taliban regime in Afghanistan. These linkages raise questions about whether the United States, as part of a broader effort to promote peace a… more
Date: December 7, 1999
Creator: Katzman, Kenneth
Partner: UNT Libraries Government Documents Department
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