Russia's 1998 Financial Crisis in the Regions: A Case Study

Jan 21, 2014 | 11:03 GMT
Russian president boris yeltsin sits in a meeting with leading national bankers.
Russian president boris yeltsin has begun a meeting with ten leading national bankers and businessmen to discuss the home economic situation.
(Photo by: Sovfoto/Universal Images Group via Getty Images)

The Russian regions' behavior in 1998 shows a tendency to defy Moscow during economic crises....

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