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Finance and Credit
 

Influence of the liquidity crisis on the Russian mortgage market

Vol. 15, Iss. 7, FEBRUARY 2009

Available online: 24 August 2009

Subject Heading: Mortgage lending

JEL Classification: 

Rusetskaya E.A. Candidate of Economic Sciences, Associate Professor of the Finances and Credit Department, Stavropol State University
elwirasgu@mail.ru

Arustamova V.A. Postgraduate of Stavropol State University
balepu@mail.ru

The authors make a conclusion that the current liquidity crisis had a negative influence on operations of the entire financial crisis as a whole, including mortgage. However, it shouldn’t be forgotten that crisis processes affect the weakest sectors of economy requiring particular attention. The subsequent development of events in that sector of economy is directly dependent on activities being undertaken by the state in order to stabilize the situation in the country.

Keywords: crisis, liquidity, market, mortgage, finances, sector, stabilization

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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