Russia and the Global Meltdown: Domestic and Foreign Policy Responses to the International Financial Crisis

Table of Contents. ntroduction. THE BACKGROUND. Russia and the U.S. – Political Background. Russia and the EU – Political Background. Roots of the Financial Crisis in the U.S. Housing Bust and the Worldwide Fallout. RUSSIA'S DOMESTIC RESPONSE TO THE FINANCIAL CRISIS. The Pressure on the Russian Economy. The Rise and Fall of Russian's Gold and Currency Reserves (and Monetary Policy). The Reality of the Fallout on the Russian Economy. Russian Firms and Business Elite. mpact on the Russian Working Classes. mpact on Executive Authority. THE CRISIS AND RUSSIAN FOREIGN POLICY. The Russian Public and Russian Foreign Policy. Russian Foreign Policy and the Crisis. The Multipolar Thesis. CONCLUSIONS.