Kremlinomics

AAA

DEFINITION of 'Kremlinomics'

A financial buzz word used to describe economic policies which some view to be overly leftist. Kremlinomics alludes to the communist policies of the Russian government during the Cold War and is by all accounts considered an unwanted connotation in industrialized nations.

INVESTOPEDIA EXPLAINS 'Kremlinomics'

The term kremlinomics gained popularity during the early months of the Obama administration in the United States. Obama's detractors saw his policies as socialist or leftist, and used the term to voice their displeasure with the president and his administration.

RELATED TERMS
  1. Keynesian Economics

    An economic theory of total spending in the economy and its effects ...
  2. Obamanomics

    A buzzword used to describe the economic philosophies of United ...
  3. Rose-Colored Recession

    The unexpected optimism market observers sometimes experience ...
  4. Economics

    A social science that studies how individuals, governments, firms ...
  5. Reaganomics

    A popular term used to refer to the economic policies of Ronald ...
  6. Voodoo Economics

    A slanderous term used by George H. W. Bush in reference to President ...
Related Articles
  1. Understanding Supply-Side Economics
    Economics

    Understanding Supply-Side Economics

  2. Monetarism: Printing Money To Curb Inflation
    Economics

    Monetarism: Printing Money To Curb Inflation

  3. The History Of Economic Thought
    Economics

    The History Of Economic Thought

  4. A Practical Look At Microeconomics
    Economics

    A Practical Look At Microeconomics

comments powered by Disqus
Hot Definitions
  1. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  3. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  4. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  5. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  6. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
Trading Center