Table Page 1.1 Research Sources 22 — 2.1 Categorizing Financial Crises 28 — 2.2 Potential Costs of Sovereign Debt Default 40 — 3.1 Money Supply and Price Level in Russia, 1993 1998 56 — – 3.2 Exchange Rate (Ruble-Dollar), 1991 1998 58 — – 3.3 GKO Market Revenues, 1994 1998 65 — – 3.4 Russian Oil Industry Organization 68 — 3.5 FDI in Russia, 1995 71 — 4.1 1998 Macroeconomic Overview 79 — 4.2 Prime Ministers of the Yeltsin Administration 84 — 4.3 1999 Macroeconomic Overview 95 — 4.4 Russia’s Reformed Tax Code 102 — 4.5 Macroeconomic Summary, 2000 2002 103 — – 4.6 Financial Summary 109 — 4.7 Sibneft Financial Growth, 2000 2002 110 — – 4.8 Rosneft Financial Summary, 2000 2003 112 — – 4.9 Brent Oil Spot Prices, 1997 - 2005 114 — 4.10 Macroeconomic Summary, 2003 2005 118 — – 4.11 International Investment, 1997 2004 119 — – 5.1 OECD Projections, December 1998 122 — 5.2 OECD Projections, December 1999 122 — 5.3 Yeltsin’s Fiscal Regime 128 — 5.4 Counterfactual GDP Calculation 130 — 5.5 Calculated Magnitude of Output Cost 132 — 5.6 Calculating Flows 133 — 5.7 Russian Foreign Trade (Counterfactual) 134 — 5.8 Calculating Borrowing 136 —
Table Page 1.1 — Research Sources 22 2.1 — Categorizing Financial Crises 28 2.2 — Potential Costs of Sovereign Debt Default 40 3.1 — Money Supply and Price Level in Russia, 1993 – 1998 56 3.2 — Exchange Rate (Ruble-Dollar), 1991 – 1998 58 3.3 — GKO Market Revenues, 1994 – 1998 65 3.4 — Russian Oil Industry Organization 68 3.5 — FDI in Russia, 1995 71 4.1 — 1998 Macroeconomic Overview 79 4.2 — Prime Ministers of the Yeltsin Administration 84 4.3 — 1999 Macroeconomic Overview 95 4.4 — Russia’s Reformed Tax Code 102 4.5 — Macroeconomic Summary, 2000 – 2002 103 4.6 — Financial Summary 109 4.7 — Sibneft Financial Growth, 2000 – 2002 110 4.8 — Rosneft Financial Summary, 2000 – 2003 112 4.9 — Brent Oil Spot Prices, 1997 - 2005 114 4.10 — Macroeconomic Summary, 2003 – 2005 118 4.11 — International Investment, 1997 – 2004 119 5.1 — OECD Projections, December 1998 122 5.2 — OECD Projections, December 1999 122 5.3 — Yeltsin’s Fiscal Regime 128 5.4 — Counterfactual GDP Calculation 130 5.5 — Calculated Magnitude of Output Cost 132 5.6 — Calculating Flows 133 5.7 — Russian Foreign Trade (Counterfactual) 134 5.8 — Calculating Borrowing 136
Mkrttchian_Final2015.docx