It takes the average reader and 38 minutes to read Financial Crisis, Economic Recovery and Banking Development in Russia, Ukraine, and Other FSU Countries by Dalia Marin
Assuming a reading speed of 250 words per minute. Learn more
This paper provides a unified analysis for the onset of the 1998 financial crisis and the strong economic recovery afterward in Russia and other former Soviet Union countries. Before the crisis a banking failure arose owing to the coexistence of a lemons credit market and high government borrowing. In a lemons credit market low credit risk firms switched from bank to nonbank finance, including trade credits and barter trade, generating an externality on banks' interest rates. The collapse of the treasury bills market in the financial crisis triggered a change in banks' lending behavior, providing initial conditions for banking development.
Financial Crisis, Economic Recovery and Banking Development in Russia, Ukraine, and Other FSU Countries by Dalia Marin is 37 pages long, and a total of 9,509 words.
This makes it 12% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Financial Crisis, Economic Recovery and Banking Development in Russia, Ukraine, and Other FSU Countries aloud.
Financial Crisis, Economic Recovery and Banking Development in Russia, Ukraine, and Other FSU Countries is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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