In 1999, Estonia experienced its worst year economically since it regained independence in 1991,largely because of the impact of the August 1998 Russian financial crisis.
The EMV tracker for macroeconomic news jumped inresponse to the October 1987 market crash, the Russian financial crisis, and the 200809 global financial crisis..
Although economic recovery was slowed by the Russian financial crisis of 1998, economies in Central Asia recovered in 1999 and are expected to continue to grow during 2000 and 2001.
In 1998, this delicate balance reached a limit after the Asian and Russian financial crises, when the current account deficit(particularly the trade balance+ interest payments) totalled a record US$ 33.4 billion.
The lack of contagion across financial markets offers a notable point of contrast between the global economic slowdown of 2001 andthe fallout from the Asian and Russian financial crises of 1997-1998.
The 1998 financial crisis in Russia, when Boris Yeltsin's government defaulted on its bonds, caused panic selling in Mexico as investors rushed to de-risk their portfolios.
In Russia, the crisis resulted in a shrinking GDP(by 4.9 per cent in 1998) and increase in inflation(December 1998 12-month-inflation was 84 per cent).
这些措施均有助于波兰有效应对1998年俄罗斯金融危机和1998至1999年西欧长放缓的后果。
All these measures have helpedPoland to cope quite well with the consequences of the 1998 Russian financial crisis and the 1998-1999 slowdown in Western Europe.
年,爱沙尼亚经济遭受自1991年独立以来最严峻的危机,主要原因为1998年8月的俄罗斯金融危机。
In 1999, Estonia experienced its worst year economically since it regained independence in 1991,largely because of the impact of the August 1998 Russian financial crisis.
其设立是为了促进更严格的金融市场管理和监督,以促进在最近亚洲和俄罗斯金融危机之后的全球金融稳定。
It was set up to promote enhanced financial market supervision and surveillance to improve global financial stability,following the recent Asian and Russianfinancialcrises.
Recessions attributed to currency crises include the 1994 economic crisis in Mexico, 1997 Asian Financial Crisis,1998 Russian financial crisis, and the Argentine economic crisis(1999-2002).
年俄罗斯金融危机的爆发,更是宣告了自由主义者在俄罗斯的改革以彻底失败而告终。
The break out of the financial crisis in Russiain 1998 announced the complete failure of the Russian liberalist.
During Russia's last financial crisis in 1998, the central bank's gold reserves fell by 118 tonnes as the country's foreign exchange holdings dropped below $10 billion.
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