A Fistful of Rubles

Released on by Juliet Johnson
preview-18

  • A Fistful of Rubles Book Detail

  • Author : Juliet Johnson
  • Release Date : 2018-09-05
  • Publisher : Cornell University Press
  • Genre : Political Science
  • Pages : 265
  • ISBN 13 : 1501731319
  • File Size : 30,30 MB
DOWNLOAD BOOK

A Fistful of Rubles by Juliet Johnson PDF Summary

Book Description: After the breakup of the USSR, it briefly appeared as though Russia's emerging commercial banks might act as engines of growth for a new capitalist economy. However, despite more than a decade of "reforms," Russia's financial system collapsed in 1998. Why had ambitious efforts to decentralize and liberalize the banking industry failed? In A Fistful of Rubles, Juliet Johnson offers the first comprehensive look at how Russia's banks, once expected to revitalize the nation's economy, instead became one of the largest obstacles to its recovery.Drawing on interviews with Russian bankers, policymakers, and entrepreneurs, Johnson traces the evolution of the banking system from 1987 through the aftermath of the 1998 crash. She describes how dysfunctional institutional procedures left over from the Soviet period hindered the subsequent development of sound financial practices. Johnson argues that these legacies, along with misguided, Western-inspired liberalization policies, led to the creation of parasitic banks for which success depended on political connections rather than on investment strategies. Johnson demonstrates that banking reform efforts ultimately did more harm than good, because Russian officials and their international advisers failed to build the corresponding economic, legal, and political institutions upon which modern market behavior depends.

Disclaimer: www.yourbookbest.com does not own A Fistful of Rubles books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

A Fistful of Rubles

A Fistful of Rubles

File Size : 37,37 MB
Total View : 9912 Views
DOWNLOAD

After the breakup of the USSR, it briefly appeared as though Russia's emerging commercial banks might act as engines of growth for a new capitalist economy. How

The Russian Path

The Russian Path

File Size : 84,84 MB
Total View : 8067 Views
DOWNLOAD

The politico-economic reforms launched during the late twentieth century in post-Soviet Russia have led to contradictory and ambiguous results. The new economic

The Shadow of War

The Shadow of War

File Size : 25,25 MB
Total View : 6222 Views
DOWNLOAD

Taking the achievements, ambiguities, and legacies of World War II as a point of departure, The Shadow of War: The Soviet Union and Russia, 1941 to the Present