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Topic: Business
Number of pages / Number of words: 4 / 985
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Russia slithered into a financial crisis when the country was not able to comply with its debt payments. The ruble was devaluated by two-thirds and left the people with almost no money. The low purchasing power of the consumers forced many foreign companies to reduce their imports dramatically and the domestic competitors to rely on the Russian ice cream products with their natural ingredients...


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But as the imports started to drop, the export of ice cream increased. Already one year after the crisis, in 1999, the exports exceeded the imports by 3,200 tons compared to 13,000 tons of import surplus in 1998.

The capacity of the Russian ice cream market is growing. During the Soviet time, the ice cream production increased steadily to 468,000 tons in 1990...


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General points of the essay

Analysis Of Liquidity Development In Russia After 1998 Financial Crisis Country analysis Russia Critically examine why financial liberalisation brought financial crisis in most of the Asian countries but did not bring a crisis in either China or India. Economic Crisis In Russia In 1998 Financial Crisis Financial Crisis: How and Why it happens Financial structure and debt summary Funds flow through the financial system from surplus entities to deficit entities in various ways. For example, funds may flow via financial intermediaries or through equity markets or through debt markets. How do you account for the existence of ... Sub-Prime Financial Crisis TCS in Financial Crisis How Relations From Russian Sources That Have Changed Our Historical Understanding Of Kennedy In The Event Of Cuban Missile Crisis? Resolving the Debt Crisis of Low-Income Countries Russia Country Analysis Causes Of Financial Crisis THE FINANCIAL CRISES IN RUSSIA AND EAST ASIA

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