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Elvira Nabiullina, head of Russia's central bank, and efforts to use the decline in the ruble to reduce Russia's overdependence on imports
03/12/2013
Nabiullina is one of the liberal economists who see the period following the devaluation of the ruble in 1998 as generating higher economic growth because it lowered the cost for industry and agriculture. She sees the crisis as a way to get Russians to use less imports and promote import substitution for a healthier economy.
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