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. Voodoo Economics

    A slanderous term used by George H. W. Bush in reference to President ...
  6. Reaganomics

    A popular term used to refer to the economic policies of Ronald ...
RELATED FAQS
  1. How is the principle agent problem manifested in the government?

    The principal-agent problem describes challenges that occur when agents and principals have conflicting interests. Democratically ... Read Full Answer >>
  2. Why do supply shocks occur and who do they negatively affect the most?

    The exact nature and cause of supply shocks is imperfectly understood. The most common explanation is that an unexpected ... Read Full Answer >>
  3. How does contractionary fiscal policy lead to the opposite of the crowding out effect?

    According to general equilibrium models in contemporary macroeconomics, expansionary fiscal policy could cause crowding out ... Read Full Answer >>
  4. What is demand-side economics?

    Demand side economics is based on the belief that the main force affecting overall economic activity and causing short-term ... Read Full Answer >>
  5. How do government stimuli increase the number of jobs in the private sector?

    The purpose of a government stimulus is to use strategic government spending to revive a stagnant or contracting economy. ... Read Full Answer >>
  6. What kinds of productivity data does the Bureau of Labor Statistics keep?

    The U.S. Bureau of Labor Statistics (BLS) tracks two primary sets of productivity data for the U.S. economy: labor productivity ... Read Full Answer >>
Related Articles
  1. Economics

    Understanding Supply-Side Economics

    Does the amount of goods and services produced set the pace for economic growth? Here are the arguments.
  2. Economics

    Monetarism: Printing Money To Curb Inflation

    Learn how Milton Friedman's monetarist views shaped economic policy after World War II.
  3. Economics

    The History Of Economic Thought

    Economics is a vital part of every day life. Discover the major players who shaped its development.
  4. Economics

    A Practical Look At Microeconomics

    Learn how individual decision-making turns the gears of our economy.
  5. Options & Futures

    Explaining The World Through Macroeconomic Analysis

    From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.
  6. Forex Education

    Free Market Maven: Milton Friedman

    As proponent of free market capitalism, this economist changed the way the world's economies operate.
  7. Personal Finance

    Recession And Depression: They Aren't So Bad

    Financial downturns are part of the economic cycle and may have important long-term benefits.
  8. Economics

    Explaining PFIs and PPPs

    Public-private partnerships (PPP) and Private Finance Initiative (PFI) are two business relationships between government agencies and private businesses.
  9. Budgeting

    An Analysis Of The US Trade Deficit

    The United States' trade deficit is historically large, the biggest in the world. With luck, it'll get even larger.
  10. Economics

    The Field So Far: US 2016 Presidential Candidates

    Over the past several months, there has been a lot of speculation as to who will make a run at the Republican and Democratic nominations.

You May Also Like

Hot Definitions
  1. Fixed-Income Arbitrage

    An investment strategy that attempts to profit from arbitrage opportunities in interest rate securities. When using a fixed-income ...
  2. Venture-Capital-Backed IPO

    The selling to the public of shares in a company that has previously been funded primarily by private investors. The alternative ...
  3. Merger Arbitrage

    A hedge fund strategy in which the stocks of two merging companies are simultaneously bought and sold to create a riskless ...
  4. Market Failure

    An economic term that encompasses a situation where, in any given market, the quantity of a product demanded by consumers ...
  5. Unsystematic Risk

    Company or industry specific risk that is inherent in each investment. The amount of unsystematic risk can be reduced through ...
  6. Security Market Line - SML

    A line that graphs the systematic, or market, risk versus return of the whole market at a certain time and shows all risky ...
Trading Center